Lenox Plan, Wheatfield Estates, Statesville, NC, 28677 | $537/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 Lenox Plan, Wheatfield Estates, Statesville, NC, 28677 priced at $417,900 converts $3,083/mo rent into $537/mo cash flow after a $2,045/mo obligation. Total monthly income equals $3,083/mo, and annual cash flow totals $6,438/yr on $138,534 invested. Return on cash invested prints 24.56% in year one, and rental yield reads 8.85% against a $417,900 entry. Equity gained on principal adds $2,697/yr, while 5% annual appreciation compiles into $115,458 by year five. Five-year ROI reaches 127.65% and total cumulative return in cash sums $176,840. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,083/mo property income covering a $2,045/mo payment, not borrower’s personal income.

Single Family

Built in 2025

N/A lot

$N/A/sqft

No HOA