707 3rd St, Midway Park, NC, 28544 | $197/mo Cash Flow

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 Midway Park at 707 3rd St, Midway Park, NC, 28544 generates $825/mo in rent and, after a $504/mo payment, leaves $197/mo in cash flow. Total monthly income is $825/mo, and annual cash flow is $2,369/yr on $34,145 invested. Return on cash invested sits at 26.85% in year one, and rental yield is 9.61% on a $103,000 entry. Equity gained on principal adds $665/yr, while 5% annual appreciation builds toward $28,457 over five years. Five-year ROI reaches 140.05% and total cumulative return in cash sums $47,818. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $825/mo property income rather than buyer’s personal income.

Manufactured

Built in N/A

N/A lot

$N/A/sqft

No HOA