503 N Pine StCherryvilleNC28021
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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
Investment property for sale in Cherryville at 503 N Pine St, Cherryville, NC, 28021 earns $278/mo cash flow from $1,729/mo rent with a $1,165/mo payment. Total monthly income totals $1,729/mo, and annual cash flow totals $3,341/yr on $78,897 capital. ROI tracks 24.14% on current figures, and rental yield reads 8.72% at a $238,000 purchase. Equity gained on principal adds $1,536/yr, and 5% annual appreciation supports $65,755 over five years. Five-year ROI reaches 125.46% and total cumulative return in cash sums $98,986. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,729/mo property income instead of your personal income.
Single Family
Built in 1964
0.34 Acres lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices
Listed by: Doug Dixon • Keller Williams Ballantyne Area
Mls Name: Canopy MLS as distributed by MLS GRID
Mls Provider:
Mls ID: #4194199
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