310 Reid Court N,Jacksonville,NC,28540

Investment Highlights

Investment property for sale in Jacksonville at 310 Reid Court N, Jacksonville, NC, 28540 listed at $264,000 pairs $1,753/mo rent with a $1,292/mo payment to leave $144/mo cash flow. Total monthly income runs $1,753/mo, and annual cash flow reaches $1,730/yr on $87,516 cash to close. Return on cash invested measures 21.89% in year one, and rental yield registers 7.97% at a $264,000 basis. Equity gained on principal adds $1,704/yr, and annual property appreciation at 5% supports $72,938 by year five. Five-year ROI tracks 113.37% and total cumulative return in cash totals $99,217. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,753/mo property income relative to a $1,292/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).