622 Pee Dee Ave, Norwood, NC, 28128 | $166/mo Cash Flow

For Sale

Rental Income

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 622 Pee Dee Ave, Norwood, NC, 28128 uses $69,615 cash to close to unlock $1,992/yr annual cash flow and $166/mo monthly cash flow. Total monthly income runs $1,446/mo, and a $1,028/mo payment keeps the spread at $166/mo. Purchase price stands at $210,000, and rental yield measures 8.26% with $1,446/mo rent. Return on cash invested shows 22.77% in year one, and 5% annual appreciation builds toward $58,019 over five years. Five-year ROI reaches 118.05% and total cumulative return in cash records $82,180. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,446/mo property income covering a $1,028/mo payment rather than investor’s personal income.

Single Family

Built in 1954

0.63 Acres lot

$N/A/sqft

No HOA