599 Cornatzer RdMocksvilleNC27028
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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
Investment Highlights
Rental property for sale in Mocksville at 599 Cornatzer Rd, Mocksville, NC, 27028 priced at $146,670 pairs $1,133/mo rent with $239/mo cash flow after a $718/mo payment. Total monthly income equals $1,133/mo, and annual cash flow comes to $2,868/yr on $48,621 invested. Return on cash invested is 25.81% in year one, and rental yield stands at 9.27% on a $146,670 basis. Equity gained on principal adds $946/yr, and 5% annual appreciation accumulates to $40,522 by year five. Five-year ROI measures 134.35% and total cumulative return in cash reaches $65,320. For financing, Ziffy Mortgage’s DSCR program evaluates $1,133/mo property income against a $718/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1955
1.64 Acres lot
$N/A/sqft
No HOA
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Listed by: T. Kyle Swicegood • The Swicegood Group, Inc.
Mls Name: Triad MLS
Mls Provider:
Mls ID: #1195937
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