22 Forge Shadow Dr, Mills River, NC, 28759 | 6.13% Rental Yield

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 Mills River at 22 Forge Shadow Dr, Mills River, NC, 28759 priced at $616,500 converts $3,151/mo rent into after a $3,017/mo obligation. Total monthly income equals $3,151/mo. Return on cash invested prints 16.48% in year one, and rental yield reads 6.13% against a $616,500 entry. Equity gained on principal adds $3,978/yr, while 5% annual appreciation compiles into $170,328 by year five. Five-year ROI reaches 84.29% and total cumulative return in cash sums $170,960. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,151/mo property income covering a $3,017/mo payment, not borrower’s personal income.

Single Family

Built in 2016

0.74 Acres lot

$N/A/sqft

No HOA