2554 Deep Gap Farm Rd #163 & 164, Mill Spring, NC, 28756 | 1.68% Rental Yield

For Sale

Listed for sale 1 day ago

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 Mill Spring at 2554 Deep Gap Farm Rd #163 & 164, Mill Spring, NC, 28756 offers a 1.68% rental yield on a $1,975,000 purchase with $2,760/mo rent. 97% in year one. Equity gained on principal adds $12,744/yr while 5% annual appreciation supports $545,656 over five years. Portfolio math shows five-year ROI at 11.79% and total cumulative return in cash at $75,462. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,760/mo property income against a $9,667/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 2006

6.24 Acres lot

$N/A/sqft

No HOA