214 Excelsior Dr, Connelly Springs, NC, 28612 | $674/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

Investment property for sale in Connelly Springs at 214 Excelsior Dr, Connelly Springs, NC, 28612 offers a 9.51% rental yield on a $369,000 purchase with $2,923/mo rent. Total monthly income registers $2,923/mo, and a $1,806/mo payment leaves $674/mo available for distribution. Annual cash flow reaches $8,090/yr on $122,324 to close, and return on cash invested stands at 26.52% in year one. Equity gained on principal adds $2,381/yr while 5% annual appreciation supports $101,948 over five years. Portfolio math shows five-year ROI at 138.21% and total cumulative return in cash at $169,059. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,923/mo property income against a $1,806/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 2006

0.60 Acres lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 28612, Connellys Springs, NC area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	5,965 (100%)
Owner Occupied HU	4,089 (68.5%)
Renter Occupied HU	1,128 (18.9%)
Vacant Housing Units	748 (12.5%)
Median Home Value	$222,551
Average Home Value	$246,542