538 Merritt St, Mount Airy, NC, 27030 | 5.64% Rental Yield

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

Rental property for sale in Mount Airy at 538 Merritt St, Mount Airy, NC, 27030 offers $822/mo rent that, after a $857/mo payment. Total monthly income is $822/mo. Return on cash invested measures 14.84% in year one, and rental yield stands at 5.64% at a $175,000 entry. Equity gained on principal adds $1,129/yr while 5% annual appreciation compounds into $48,349 by year five. Five-year ROI records 75.53% and total cumulative return in cash reaches $43,819. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $822/mo property income versus a $857/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.

Single Family

Built in 1947

0.20 Acres lot

$N/A/sqft

No HOA