Prelude Plan, Riverlake, Supply, NC, 28462 | $1,263/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

Investment property for sale in Supply at Prelude Plan, Riverlake, Supply, NC, 28462 offers a 11.62% rental yield on a $351,990 purchase with $3,408/mo rent. Total monthly income registers $3,408/mo, and a $1,723/mo payment leaves $1,263/mo available for distribution. Annual cash flow reaches $15,151/yr on $116,685 to close, and return on cash invested stands at 32.89% in year one. Equity gained on principal adds $2,271/yr while 5% annual appreciation supports $97,248 over five years. Portfolio math shows five-year ROI at 172.36% and total cumulative return in cash at $201,123. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,408/mo property income against a $1,723/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 2025

N/A lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 28462, Supply, NC area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	12,489 (100%)
Owner Occupied HU	5,220 (41.8%)
Renter Occupied HU	1,286 (10.3%)
Vacant Housing Units	5,983 (47.9%)
Median Home Value	$313,882
Average Home Value	$390,268