2328 Jerico Rd,Asheboro,NC,27205

Investment Highlights

Investment property for sale in Asheboro at 2328 Jerico Rd, Asheboro, NC, 27205 listed at $295,000 pairs $1,952/mo rent with a $1,444/mo payment to leave $154/mo cash flow. Total monthly income runs $1,952/mo, and annual cash flow reaches $1,848/yr on $97,793 cash to close. Return on cash invested measures 21.8% in year one, and rental yield registers 7.94% at a $295,000 basis. Equity gained on principal adds $1,904/yr, and annual property appreciation at 5% supports $81,503 by year five. Five-year ROI tracks 112.83% and total cumulative return in cash totals $110,342. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,952/mo property income relative to a $1,444/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).