707 Delview RdCherryvilleNC28021
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Investment property for sale in Cherryville at 707 Delview Rd, Cherryville, NC, 28021 with 5% annual appreciation on a $158,900 basis while $1,506/mo rent supports operations. Total monthly income totals $1,506/mo and a $778/mo payment preserves $537/mo for cash returns. Annual cash flow comes to $6,448/yr on $52,675 deployed, and return on cash invested reaches 32.15% in year one. Equity gained on principal adds $1,025/yr, and five-year appreciation sums $43,901 alongside rental yield of 11.37%. Five-year ROI measures 168.43% and total cumulative return in cash totals $88,720.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,506/mo property income versus a $778/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Manufactured
Built in 1990
0.62 Acres lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: William Anderson • Green Creek Realty LLC
Mls Name: Canopy MLS as distributed by MLS GRID
Mls Provider:
Mls ID: #4138474
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