698 S Salisbury StMocksvilleNC27028
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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 698 S Salisbury St, Mocksville, NC, 27028 generates $778/mo in rent and, after a $489/mo payment, leaves $169/mo in cash flow. Total monthly income is $778/mo, and annual cash flow is $2,028/yr on $33,150 invested. Return on cash invested sits at 26.03% in year one, and rental yield is 9.34% on a $100,000 entry. Equity gained on principal adds $645/yr, while 5% annual appreciation builds toward $27,628 over five years. Five-year ROI reaches 135.51% and total cumulative return in cash sums $44,920. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $778/mo property income rather than buyer’s personal income.
Single Family
Built in 1949
0.26 Acres lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices
Listed by: Doris M. Short • Total Real Estate, LLC
Mls Name: Triad MLS
Mls Provider:
Mls ID: #1185424
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