Georgetown Plan, Wallace Springs, Statesville, NC, 28677 | $728/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

Rental property for sale in Statesville at Georgetown Plan, Wallace Springs, Statesville, NC, 28677 offers $3,343/mo rent that, after a $2,100/mo payment, leaves $728/mo cash flow. Total monthly income is $3,343/mo, and annual cash flow is $8,739/yr on $142,210 cash. Return on cash invested measures 26.05% in year one, and rental yield stands at 9.35% at a $428,990 entry. Equity gained on principal adds $2,768/yr while 5% annual appreciation compounds into $118,522 by year five. Five-year ROI records 135.68% and total cumulative return in cash reaches $192,957. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,343/mo property income versus a $2,100/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.

Single Family

Built in 2025

N/A lot

$N/A/sqft

No HOA