248 Summit DrMocksvilleNC27028
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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
Investment Highlights
Investment property for sale in Mocksville at 248 Summit Dr, Mocksville, NC, 27028 listed at $250,000 pairs $2,142/mo rent with a $1,224/mo payment to leave $618/mo cash flow. Total monthly income runs $2,142/mo, and annual cash flow reaches $7,416/yr on $82,875 cash to close. Return on cash invested measures 28.86% in year one, and rental yield registers 10.28% at a $250,000 basis. Equity gained on principal adds $1,613/yr, and annual property appreciation at 5% supports $69,070 by year five. Five-year ROI tracks 150.7% and total cumulative return in cash totals $124,894. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,142/mo property income relative to a $1,224/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2004
0.34 Acres lot
$N/A/sqft
No HOA
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Listed by: Molly Myers • Keller Williams Realty
Mls Name: Triad MLS
Mls Provider:
Mls ID: #1189196
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