Palomar 2746 Plan, The Landing at Mill Creek,Sneads Ferry,NC,28460

Investment Highlights

Rental property for sale in Sneads Ferry at Palomar 2746 Plan, The Landing at Mill Creek, Sneads Ferry, NC, 28460 offers $2,953/mo rent that, after a $2,061/mo payment, leaves $337/mo cash flow. Total monthly income is $2,953/mo, and annual cash flow is $4,042/yr on $139,562 cash. Return on cash invested measures 22.8% in year one, and rental yield stands at 8.42% at a $421,000 entry. Equity gained on principal adds $2,717/yr while 5% annual appreciation compounds into $116,315 by year five. Five-year ROI records 118.4% and total cumulative return in cash reaches $165,237. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,953/mo property income versus a $2,061/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.