266 N Lackey St, Statesville, NC, 28677 | $573/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 Statesville at 266 N Lackey St, Statesville, NC, 28677 at $240,000 posts ROI 28.55% with $573/mo cash flow from $2,036/mo rent. Total monthly income equals $2,036/mo, and annual cash flow records $6,876/yr on $79,560 to close. Return on cash invested measures 28.55% and rental yield reads 10.18% at the current $240,000. Equity gained on principal adds $1,549/yr, and 5% annual appreciation supports $66,308 by year five. Five-year ROI prints 149.04% and total cumulative return in cash totals $118,574.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,036/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).

Single Family

Built in 2025

0.15 Acres lot

$N/A/sqft

No HOA