242 Delview Dr, Cherryville, NC, 28021 | $222/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

Investment property for sale in Cherryville at 242 Delview Dr, Cherryville, NC, 28021 with 5% annual appreciation on a $324,900 basis while $2,202/mo rent supports operations. Total monthly income totals $2,202/mo and a $1,590/mo payment preserves $222/mo for cash returns. Annual cash flow comes to $2,665/yr on $107,704 deployed, and return on cash invested reaches 22.38% in year one. Equity gained on principal adds $2,097/yr, and five-year appreciation sums $89,764 alongside rental yield of 8.13%. Five-year ROI measures 116.02% and total cumulative return in cash totals $124,961.

Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,202/mo property income versus a $1,590/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.

Single Family

Built in 2021

0.38 Acres lot

$N/A/sqft

No HOA