676 Hillside Dr,Warne,NC,28909

Investment Highlights

Investment property for sale in Warne at 676 Hillside Dr, Warne, NC, 28909 offers a 8.22% rental yield on a $297,500 purchase with $2,038/mo rent. Total monthly income registers $2,038/mo, and a $1,456/mo payment leaves $225/mo available for distribution. Annual cash flow reaches $2,700/yr on $98,621 to close, and return on cash invested stands at 22.65% in year one. Equity gained on principal adds $1,920/yr while 5% annual appreciation supports $82,194 over five years. Portfolio math shows five-year ROI at 117.39% and total cumulative return in cash at $115,771. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,038/mo property income against a $1,456/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.