593 Fork Rd, Norwood, NC, 28128 | $221/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 Norwood at 593 Fork Rd, Norwood, NC, 28128 at $150,000 posts ROI 25.24% with $221/mo cash flow from $1,135/mo rent. Total monthly income equals $1,135/mo, and annual cash flow records $2,652/yr on $49,725 to close. Return on cash invested measures 25.24% and rental yield reads 9.08% at the current $150,000. Equity gained on principal adds $968/yr, and 5% annual appreciation supports $41,442 by year five. Five-year ROI prints 131.29% and total cumulative return in cash totals $65,286.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,135/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).

Single Family

Built in 1945

0.23 Acres lot

$N/A/sqft

No HOA