216 E Devon Dr, Mount Airy, NC, 27030 | $265/mo Cash Flow

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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 Mount Airy at 216 E Devon Dr, Mount Airy, NC, 27030 priced at $399,900 converts $2,702/mo rent into $265/mo cash flow after a $1,957/mo obligation. Total monthly income equals $2,702/mo, and annual cash flow totals $3,181/yr on $132,567 invested. Return on cash invested prints 22.31% in year one, and rental yield reads 8.11% against a $399,900 entry. Equity gained on principal adds $2,580/yr, while 5% annual appreciation compiles into $110,485 by year five. Five-year ROI reaches 115.62% and total cumulative return in cash sums $153,272. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,702/mo property income covering a $1,957/mo payment, not borrower’s personal income.

Single Family

Built in 1972

0.58 Acres lot

$N/A/sqft

No HOA