268 Broken Arrow DrStatesvilleNC28677
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayInvestors who prioritise long-run asset value over immediate income should consider 268 Broken Arrow Dr, Statesville, NC, 28677 in Statesville. Rental yield 5.45%. At $765,000 with 5.45% gross yield, current distributions are modest, but the 5% appreciation rate projects $211,355 in new equity by year five, complemented by $7,046/yr in principal paydown. Ziffy Mortgage's DSCR loan (1.01) allows non-U.S. residents to acquire without W-2s or domestic credit. Total projected five-year cumulative return: $213,358.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 5.5% | 8.5% |
| Monthly Cash Flow | $(1,187) | $300 |
City averages based on Statesville market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,475 |
| Total Monthly Debt Service | $4,358 |
| DSCR Ratio | 0.80x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2025
0.71 Acres lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 2025
0.71 Acres lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Tiffany Comeaux • Magnolia Real Estate
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4304846