812 Candy Dr,Statesville,NC,28677

Investment Highlights

Investment property for sale in Statesville at 812 Candy Dr, Statesville, NC, 28677 listed at $319,000 pairs $2,444/mo rent with a $1,561/mo payment to leave $500/mo cash flow. Total monthly income runs $2,444/mo, and annual cash flow reaches $6,002/yr on $105,749 cash to close. Return on cash invested measures 25.59% in year one, and rental yield registers 9.19% at a $319,000 basis. Equity gained on principal adds $2,058/yr, and annual property appreciation at 5% supports $88,134 by year five. Five-year ROI tracks 133.2% and total cumulative return in cash totals $140,857. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,444/mo property income relative to a $1,561/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).