2216 Cedarwood Ct,Asheboro,NC,27205

Investment Highlights

Investment property for sale in Asheboro at 2216 Cedarwood Ct, Asheboro, NC, 27205 offers a 8.67% rental yield on a $285,000 purchase with $2,058/mo rent. Total monthly income registers $2,058/mo, and a $1,395/mo payment leaves $321/mo available for distribution. Annual cash flow reaches $3,852/yr on $94,478 to close, and return on cash invested stands at 23.99% in year one. Equity gained on principal adds $1,839/yr while 5% annual appreciation supports $78,740 over five years. Portfolio math shows five-year ROI at 124.58% and total cumulative return in cash at $117,702. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,058/mo property income against a $1,395/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.