705 Mountain Rd,Asheboro,NC,27205

Investment Highlights

Rental property for sale in Asheboro at 705 Mountain Rd, Asheboro, NC, 27205 priced at $199,900 pairs $1,460/mo rent with $242/mo cash flow after a $978/mo payment. Total monthly income equals $1,460/mo, and annual cash flow comes to $2,905/yr on $66,267 invested. Return on cash invested is 24.29% in year one, and rental yield stands at 8.76% on a $199,900 basis. Equity gained on principal adds $1,290/yr, and 5% annual appreciation accumulates to $55,229 by year five. Five-year ROI measures 126.29% and total cumulative return in cash reaches $83,689. For financing, Ziffy Mortgage’s DSCR program evaluates $1,460/mo property income against a $978/mo payment instead of your W2s, 1099s, or Tax returns.