Montcrest Plan, Hidden Lakes,Statesville,NC,28677

Investment Highlights

Investment property for sale in Statesville at Montcrest Plan, Hidden Lakes, Statesville, NC, 28677 offers a 7.7% rental yield on a $377,900 purchase with $2,426/mo rent. Total monthly income registers $2,426/mo, and a $1,850/mo payment leaves $123/mo available for distribution. Annual cash flow reaches $1,470/yr on $125,274 to close, and return on cash invested stands at 21.08% in year one. Equity gained on principal adds $2,439/yr while 5% annual appreciation supports $104,407 over five years. Portfolio math shows five-year ROI at 109.03% and total cumulative return in cash at $136,585. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,426/mo property income against a $1,850/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.