259 E New York Avenue,Southern Pines,NC,28387

Investment Highlights

Investment property for sale in Southern Pines at 259 E New York Avenue, Southern Pines, NC, 28387 at $420,000 posts ROI 20.25% with $39/mo cash flow from $2,599/mo rent. Total monthly income equals $2,599/mo, and annual cash flow records $468/yr on $139,230 to close. Return on cash invested measures 20.25% and rental yield reads 7.43% at the current $420,000. Equity gained on principal adds $2,710/yr, and 5% annual appreciation supports $116,038 by year five. Five-year ROI prints 104.51% and total cumulative return in cash totals $145,507.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,599/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).