90 2nd St SECatawbaNC28609
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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
Investment Highlights
Investment property for sale in Catawba at 90 2nd St SE, Catawba, NC, 28609 earns $285/mo cash flow from $1,382/mo rent with a $881/mo payment. Total monthly income totals $1,382/mo, and annual cash flow totals $3,420/yr on $59,670 capital. ROI tracks 25.64% on current figures, and rental yield reads 9.21% at a $180,000 purchase. Equity gained on principal adds $1,162/yr, and 5% annual appreciation supports $49,731 over five years. Five-year ROI reaches 133.42% and total cumulative return in cash sums $79,613. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,382/mo property income instead of your personal income.
Single Family
Built in 1993
0.43 Acres lot
$N/A/sqft
No HOA
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Listed by: Tammy Kirk • Coldwell Banker Boyd & Hassell
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4333230