Kemp Plan, Wheatfield Estates,Statesville,NC,28677

Investment Highlights

Investment property for sale in Statesville at Kemp Plan, Wheatfield Estates, Statesville, NC, 28677 at $502,900 posts ROI 26.52% with $891/mo cash flow from $3,955/mo rent. Total monthly income equals $3,955/mo, and annual cash flow records $10,686/yr on $165,454 to close. Return on cash invested measures 26.52% and rental yield reads 9.44% at the current $502,900. Equity gained on principal adds $3,245/yr, and 5% annual appreciation supports $138,942 by year five. Five-year ROI prints 138.13% and total cumulative return in cash totals $228,546.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,955/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).