8662 Miles Gap Rd,Indian Land,NC,29707

Investment Highlights

Rental property for sale in Indian Land at 8662 Miles Gap Rd, Indian Land, NC, 29707 generates $2,941/mo in rent and, after a $2,129/mo payment, leaves $290/mo in cash flow. Total monthly income is $2,941/mo, and annual cash flow is $3,480/yr on $144,199 invested. Return on cash invested sits at 22.32% in year one, and rental yield is 8.11% on a $434,990 entry. Equity gained on principal adds $2,807/yr, while 5% annual appreciation builds toward $120,180 over five years. Five-year ROI reaches 115.69% and total cumulative return in cash sums $166,821. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,941/mo property income rather than buyer’s personal income.