Magnolia Plan, Edgewater on Lake Tillery Inland,Norwood,NC,28128

Investment Highlights

Investment property for sale in Norwood at Magnolia Plan, Edgewater on Lake Tillery Inland, Norwood, NC, 28128 at $488,555 posts ROI 13.85% with from $2,160/mo rent. Total monthly income equals $2,160/mo. Return on cash invested measures 13.85% and rental yield reads 5.31% at the current $488,555. Equity gained on principal adds $3,153/yr, and 5% annual appreciation supports $134,979 by year five. Five-year ROI prints 70.25% and total cumulative return in cash totals $113,774. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,160/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).