2687 1st Ave NW, Catawba, NC, 28609 | $598/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 Catawba at 2687 1st Ave NW, Catawba, NC, 28609 earns $598/mo cash flow from $1,756/mo rent with a $930/mo payment. Total monthly income totals $1,756/mo, and annual cash flow totals $7,176/yr on $62,985 capital. ROI tracks 31.3% on current figures, and rental yield reads 11.09% at a $190,000 purchase. Equity gained on principal adds $1,226/yr, and 5% annual appreciation supports $52,494 over five years. Five-year ROI reaches 163.79% and total cumulative return in cash sums $103,164. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,756/mo property income instead of your personal income.

Manufactured

Built in 2000

62 Acres lot

$N/A/sqft

No HOA