Devonshire Plan, Edgewater on Lake Tillery Inland, Norwood, NC, 28128 | 4.35% Rental Yield

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 Norwood at Devonshire Plan, Edgewater on Lake Tillery Inland, Norwood, NC, 28128 with 5% annual appreciation on a $595,772 basis while $2,160/mo rent supports operations. 05% in year one. Equity gained on principal adds $3,844/yr, and five-year appreciation sums $164,601 alongside rental yield of 4.35%. Five-year ROI measures 55.23% and total cumulative return in cash totals $108,256. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,160/mo property income versus a $2,916/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.

Single Family

Built in 2025

N/A lot

$N/A/sqft

No HOA