LOT-33R Summerhouse PlNorwoodNC28128
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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
Investment Highlights
Investment property for sale in Norwood at LOT-33R Summerhouse Pl, Norwood, NC, 28128 with 5% annual appreciation on a $110,000 basis while $3,066/mo rent supports operations. Total monthly income totals $3,066/mo and a $538/mo payment preserves $2,234/mo for cash returns. Annual cash flow comes to $26,802/yr on $36,465 deployed, and return on cash invested reaches 93.41% in year one. Equity gained on principal adds $710/yr, and five-year appreciation sums $30,391 alongside rental yield of 33.45%. Five-year ROI measures 498.82% and total cumulative return in cash totals $181,896.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,066/mo property income versus a $538/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Lot
Built in N/A
0.86 Acres lot
$N/A/sqft
$1,950 annually HOA
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Listed by: Lynn Norman • Lake Tillery Properties LLC
Mls Name: Canopy MLS as distributed by MLS GRID
Mls Provider:
Mls ID: #3326477
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