2407 Idolmill Dr,McLeansville,NC,27301

Investment Highlights

Investment property for sale in McLeansville at 2407 Idolmill Dr, McLeansville, NC, 27301 listed at $298,100 pairs $2,238/mo rent with a $1,459/mo payment to leave $421/mo cash flow. Total monthly income runs $2,238/mo, and annual cash flow reaches $5,055/yr on $98,820 cash to close. Return on cash invested measures 25.02% in year one, and rental yield registers 9.01% at a $298,100 basis. Equity gained on principal adds $1,924/yr, and annual property appreciation at 5% supports $82,360 by year five. Five-year ROI tracks 130.17% and total cumulative return in cash totals $128,631. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,238/mo property income relative to a $1,459/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).