603 Green Hills RdMill SpringNC28756
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Mill Spring at 603 Green Hills Rd, Mill Spring, NC, 28756 priced at $1,300,000 pairs $3,119/mo rent with after a $6,363/mo payment. Total monthly income equals $3,119/mo. Return on cash invested is 6.68% in year one, and rental yield stands at 2.88% on a $1,300,000 basis. Equity gained on principal adds $8,389/yr, and 5% annual appreciation accumulates to $359,166 by year five. Five-year ROI measures 31.69% and total cumulative return in cash reaches $133,467. For financing, Ziffy Mortgage’s DSCR program evaluates $3,119/mo property income against a $6,363/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1962
16.67 Acres lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Damian Hall • Ivester Jackson Blackstream
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4302949