235 Giant Oak Ave, Statesville, NC, 28677 | $516/mo Cash Flow

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 Statesville at 235 Giant Oak Ave, Statesville, NC, 28677 offers $2,771/mo rent that, after a $1,811/mo payment, leaves $516/mo cash flow. Total monthly income is $2,771/mo, and annual cash flow is $6,193/yr on $122,635 cash. Return on cash invested measures 24.96% in year one, and rental yield stands at 8.99% at a $369,940 entry. Equity gained on principal adds $2,387/yr while 5% annual appreciation compounds into $102,208 by year five. Five-year ROI records 129.83% and total cumulative return in cash reaches $159,214. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,771/mo property income versus a $1,811/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.

Single Family

Built in 2025

0.18 Acres lot

$N/A/sqft

No HOA