224 Winford DrTroutmanNC28116
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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
Investment Highlights
Investment property for sale in Troutman at 224 Winford Dr, Troutman, NC, 28116 listed at $470,990 pairs $3,599/mo rent with a $2,305/mo payment to leave $674/mo cash flow. Total monthly income runs $3,599/mo, and annual cash flow reaches $8,086/yr on $156,133 cash to close. Return on cash invested measures 25.09% in year one, and rental yield registers 9.17% at a $470,990 basis. Equity gained on principal adds $3,039/yr, and annual property appreciation at 5% supports $130,126 by year five. Five-year ROI tracks 130.63% and total cumulative return in cash totals $203,960. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,599/mo property income relative to a $2,305/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2024
0.27 Acres lot
$N/A/sqft
$660 annually HOA
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Listed by: Alan Beulah • M/I Homes
Mls Name: Canopy MLS as distributed by MLS GRID
Mls Provider:
Mls ID: #4100138
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