4770 Needmore Rd,Cleveland,NC,27013

Investment Highlights

Investment property for sale in Cleveland at 4770 Needmore Rd, Cleveland, NC, 27013 listed at $249,700 pairs $1,612/mo rent with a $1,222/mo payment to leave $90/mo cash flow. Total monthly income runs $1,612/mo, and annual cash flow reaches $1,084/yr on $82,776 cash to close. Return on cash invested measures 21.22% in year one, and rental yield registers 7.75% at a $249,700 basis. Equity gained on principal adds $1,611/yr, and annual property appreciation at 5% supports $68,988 by year five. Five-year ROI tracks 109.77% and total cumulative return in cash totals $90,864. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,612/mo property income relative to a $1,222/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).