583 Eufola Rd, Statesville, NC, 28677 | $683/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

3 Bed
2 Bath
2454 sft

202 S Oak St, Statesville, NC, 28677

Investment Property+ 2 more

3 Bed
2 Bath
1000 sft

203 Dillon Dr, Statesville, NC, 28625

2 Bed
2 Bath
1236 sft

141 Dunlap Loop, Statesville, NC, 28625

3 Bed
1 Bath
1471 sft

18 Shannon Ct, Newton, NC, 28658

Nearby investment properties with comparable prices

3 Bed
2 Bath
1237 sft

1008 2nd St SE, Conover, NC, 28613

1 Bed
1 Bath
625 sft

118 Steam Engine Dr UNIT 103, Mooresville, NC, 28115

2 Bed
2 Bath
1036 sft

4805 Mountain View Ln, Maiden, NC, 28650

2 Bed
2 Bath
1148 sft

3275 White Oak Ct, Claremont, NC, 28610

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

Explore more listings using simple english

Investment Highlights

Rental property for sale in Statesville at 583 Eufola Rd, Statesville, NC, 28677 priced at $210,000 converts $1,963/mo rent into $683/mo cash flow after a $1,028/mo obligation. Total monthly income equals $1,963/mo, and annual cash flow totals $8,196/yr on $69,615 invested. Return on cash invested prints 31.68% in year one, and rental yield reads 11.22% against a $210,000 entry. Equity gained on principal adds $1,355/yr, while 5% annual appreciation compiles into $58,019 by year five. Five-year ROI reaches 165.85% and total cumulative return in cash sums $115,456. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,963/mo property income covering a $1,028/mo payment, not borrower’s personal income.

Manufactured

Built in 1998

0.66 Acres lot

$N/A/sqft

No HOA