450 Collette St, Andrews, NC, 28901 | $497/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 Andrews at 450 Collette St, Andrews, NC, 28901 with 5% annual appreciation on a $199,000 basis while $1,710/mo rent supports operations. Total monthly income totals $1,710/mo and a $974/mo payment preserves $497/mo for cash returns. Annual cash flow comes to $5,966/yr on $65,969 deployed, and return on cash invested reaches 28.95% in year one. Equity gained on principal adds $1,284/yr, and five-year appreciation sums $54,980 alongside rental yield of 10.31%. Five-year ROI measures 151.28% and total cumulative return in cash totals $99,798.

Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,710/mo property income versus a $974/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.

Single Family

Built in 1971

2.76 Acres lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 28901, Andrews, NC area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	3,005 (100%)
Owner Occupied HU	1,686 (56.1%)
Renter Occupied HU	624 (20.8%)
Vacant Housing Units	695 (23.1%)
Median Home Value	$232,199
Average Home Value	$249,720