967 Russell Ridge Dr, Catawba, NC, 28609 | $279/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

Investment property for sale in Catawba at 967 Russell Ridge Dr, Catawba, NC, 28609 uses $99,450 cash to close to unlock $3,348/yr annual cash flow and $279/mo monthly cash flow. Total monthly income runs $2,107/mo, and a $1,468/mo payment keeps the spread at $279/mo. Purchase price stands at $300,000, and rental yield measures 8.43% with $2,107/mo rent. Return on cash invested shows 23.28% in year one, and 5% annual appreciation builds toward $82,884 over five years. Five-year ROI reaches 120.76% and total cumulative return in cash records $120,096. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,107/mo property income covering a $1,468/mo payment rather than investor’s personal income.

Single Family

Built in 2007

0.54 Acres lot

$N/A/sqft

No HOA