604 Acorn Acres Rd, Norwood, NC, 28128 | 2.6% Rental Yield

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 Norwood at 604 Acorn Acres Rd, Norwood, NC, 28128 offers $1,506/mo rent that, after a $3,402/mo payment. Total monthly income is $1,506/mo. Return on cash invested measures 5.73% in year one, and rental yield stands at 2.6% at a $695,000 entry. Equity gained on principal adds $4,485/yr while 5% annual appreciation compounds into $192,016 by year five. Five-year ROI records 26.66% and total cumulative return in cash reaches $60,954. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,506/mo property income versus a $3,402/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.

Single Family

Built in 1965

0.39 Acres lot

$N/A/sqft

No HOA