214 Park Ave, Mocksville, NC, 27028 | 2.92% Rental Yield

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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 Mocksville at 214 Park Ave, Mocksville, NC, 27028 priced at $642,000 converts $1,560/mo rent into after a $3,142/mo obligation. Total monthly income equals $1,560/mo. Return on cash invested prints 6.7% in year one, and rental yield reads 2.92% against a $642,000 entry. Equity gained on principal adds $4,143/yr, while 5% annual appreciation compiles into $177,373 by year five. Five-year ROI reaches 31.83% and total cumulative return in cash sums $67,234. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,560/mo property income covering a $3,142/mo payment, not borrower’s personal income.

Single Family

Built in 1870

1.81 Acres lot

$N/A/sqft

No HOA