2311 New Elam Church Rd, New Hill, NC, 27562 | 6.64% 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

Investment property for sale in New Hill at 2311 New Elam Church Rd, New Hill, NC, 27562 listed at $340,000 pairs $1,880/mo rent with a $1,664/mo payment. Total monthly income runs $1,880/mo. Return on cash invested measures 17.86% in year one, and rental yield registers 6.64% at a $340,000 basis. Equity gained on principal adds $2,194/yr, and annual property appreciation at 5% supports $93,936 by year five. Five-year ROI tracks 91.74% and total cumulative return in cash totals $103,398. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,880/mo property income relative to a $1,664/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Single Family

Built in 1959

1 Acres lot

$N/A/sqft

No HOA