2796 Legacy Ridge Ln, Catawba, NC, 28609 | $672/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 2796 Legacy Ridge Ln, Catawba, NC, 28609 uses $119,009 cash to close to unlock $8,066/yr annual cash flow and $672/mo monthly cash flow. Total monthly income runs $2,860/mo, and a $1,757/mo payment keeps the spread at $672/mo. Purchase price stands at $359,000, and rental yield measures 9.56% with $2,860/mo rent. Return on cash invested shows 26.69% in year one, and 5% annual appreciation builds toward $99,185 over five years. Five-year ROI reaches 139.1% and total cumulative return in cash records $165,535. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,860/mo property income covering a $1,757/mo payment rather than investor’s personal income.

Single Family

Built in 2024

0.13 Acres lot

$N/A/sqft

No HOA