587 Hartness Rd, Statesville, NC, 28677 | $183/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

Investment property for sale in Statesville at 587 Hartness Rd, Statesville, NC, 28677 at $294,900 posts ROI 22.16% with $183/mo cash flow from $1,980/mo rent. Total monthly income equals $1,980/mo, and annual cash flow records $2,197/yr on $97,759 to close. Return on cash invested measures 22.16% and rental yield reads 8.06% at the current $294,900. Equity gained on principal adds $1,903/yr, and 5% annual appreciation supports $81,475 by year five. Five-year ROI prints 114.8% and total cumulative return in cash totals $112,231.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,980/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).

Single Family

Built in 2025

0.30 Acres lot

$N/A/sqft

No HOA