335 Rosenwald School StCatawbaNC28609
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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
Investment Highlights
Rental property for sale in Catawba at 335 Rosenwald School St, Catawba, NC, 28609 generates $777/mo in rent and, after a $489/mo payment, leaves $168/mo in cash flow. Total monthly income is $777/mo, and annual cash flow is $2,016/yr on $33,150 invested. Return on cash invested sits at 25.99% in year one, and rental yield is 9.32% on a $100,000 entry. Equity gained on principal adds $645/yr, while 5% annual appreciation builds toward $27,628 over five years. Five-year ROI reaches 135.29% and total cumulative return in cash sums $44,848. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $777/mo property income rather than buyer’s personal income.
Single Family
Built in 1960
0.27 Acres lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices
Listed by: Vevie Gibbs • Lake Realty
Mls Name: Canopy MLS as distributed by MLS GRID
Mls Provider:
Mls ID: #4138071
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