213 Eldred St NE, Valdese, NC, 28690 | $372/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

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Ziffy AI Summary

A quick, investor-focused snapshot highlighting income strength, yield potential.

Key metrics	Value
Price	$399,900
Est. Rent	$3,200/mo
ROI	18%

Attractive rent-to-price ratio for income stability
Good fit for DSCR financing with healthy coverage

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Investment Highlights

Rental property for sale in Valdese at 213 Eldred St NE, Valdese, NC, 28690 offers $1,133/mo rent that, after a $611/mo payment, leaves $372/mo cash flow. Total monthly income is $1,133/mo, and annual cash flow is $4,465/yr on $41,404 cash. Return on cash invested measures 30.69% in year one, and rental yield stands at 10.89% at a $124,900 entry. Equity gained on principal adds $806/yr while 5% annual appreciation compounds into $34,508 by year five. Five-year ROI records 160.67% and total cumulative return in cash reaches $66,526. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,133/mo property income versus a $611/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.

Single Family

Built in 1932

0.11 Acres lot

$N/A/sqft

No HOA