COLUMBIA Plan, Gretchen Pines,West End,NC,27376

Investment Highlights

Rental property for sale in West End at COLUMBIA Plan, Gretchen Pines, West End, NC, 27376 priced at $402,990 converts $3,872/mo rent into $1,416/mo cash flow after a $1,972/mo obligation. Total monthly income equals $3,872/mo, and annual cash flow totals $16,997/yr on $133,591 invested. Return on cash invested prints 32.63% in year one, and rental yield reads 11.53% against a $402,990 entry. Equity gained on principal adds $2,600/yr, while 5% annual appreciation compiles into $111,339 by year five. Five-year ROI reaches 170.96% and total cumulative return in cash sums $228,391. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,872/mo property income covering a $1,972/mo payment, not borrower’s personal income.