2724 Lincolnton Hwy,Cherryville,NC,28021

Investment Highlights

Investment property for sale in Cherryville at 2724 Lincolnton Hwy, Cherryville, NC, 28021 listed at $250,000 pairs $1,752/mo rent with a $1,224/mo payment to leave $228/mo cash flow. Total monthly income runs $1,752/mo, and annual cash flow reaches $2,736/yr on $82,875 cash to close. Return on cash invested measures 23.21% in year one, and rental yield registers 8.41% at a $250,000 basis. Equity gained on principal adds $1,613/yr, and annual property appreciation at 5% supports $69,070 by year five. Five-year ROI tracks 120.4% and total cumulative return in cash totals $99,778. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,752/mo property income relative to a $1,224/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).