97 Farm Ln, Mills River, NC, 28759 | $948/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 Mills River at 97 Farm Ln, Mills River, NC, 28759 uses $111,053 cash to close to unlock $11,376/yr annual cash flow and $948/mo monthly cash flow. Total monthly income runs $2,990/mo, and a $1,640/mo payment keeps the spread at $948/mo. Purchase price stands at $335,000, and rental yield measures 10.71% with $2,990/mo rent. Return on cash invested shows 30.15% in year one, and 5% annual appreciation builds toward $92,554 over five years. Five-year ROI reaches 157.64% and total cumulative return in cash records $175,064. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,990/mo property income covering a $1,640/mo payment rather than investor’s personal income.

Townhouse

Built in 2001

0.05 Acres lot

$N/A/sqft

No HOA