Riley Plan, Wheatfield EstatesStatesvilleNC28677
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThe income profile at Riley Plan, Wheatfield Estates, Statesville, NC, 28677 in Statesville is straightforward: $444,900 in, $3,210/mo in rent, $499/mo out after debt service. The 8.66% gross yield and 1.60 DSCR make this exactly the kind of asset Ziffy Mortgage finances for non-U.S. residents without income documentation. Appreciation at 5%/yr adds $122,918 by year five. With $4,098/yr in principal equity, the total cumulative return is projected at $200,622.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.7% | 8.5% |
| Monthly Cash Flow | $499 | $300 |
City averages based on Statesville market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,210 |
| Total Monthly Debt Service | $2,534 |
| DSCR Ratio | 1.27x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2026
N/A lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 2026
N/A lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • True Homes
Mls Name: True Homes
Mls Provider:
Mls ID: #N/A