302 Houser St, Cherryville, NC, 28021 | 6.02% Rental Yield

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 Cherryville at 302 Houser St, Cherryville, NC, 28021 earns from $1,079/mo rent with a $1,052/mo payment. Total monthly income totals $1,079/mo. ROI tracks 16.02% on current figures, and rental yield reads 6.02% at a $215,000 purchase. Equity gained on principal adds $1,387/yr, and 5% annual appreciation supports $59,401 over five years. Five-year ROI reaches 81.85% and total cumulative return in cash sums $58,333. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,079/mo property income instead of your personal income.

Single Family

Built in 1954

0.33 Acres lot

$N/A/sqft

No HOA