583 Snody Rd, Mount Airy, NC, 27030 | $523/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

Rental property for sale in Mount Airy at 583 Snody Rd, Mount Airy, NC, 27030 priced at $179,900 converts $1,620/mo rent into $523/mo cash flow after a $881/mo obligation. Total monthly income equals $1,620/mo, and annual cash flow totals $6,277/yr on $59,637 invested. Return on cash invested prints 30.44% in year one, and rental yield reads 10.81% against a $179,900 entry. Equity gained on principal adds $1,161/yr, while 5% annual appreciation compiles into $49,703 by year five. Five-year ROI reaches 159.24% and total cumulative return in cash sums $94,965. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,620/mo property income covering a $881/mo payment, not borrower’s personal income.

Manufactured

Built in 2024

1.12 Acres lot

$N/A/sqft

No HOA