Robie Plan, Bristol Terrace,Statesville,NC,28677

Investment Highlights

Rental property for sale in Statesville at Robie Plan, Bristol Terrace, Statesville, NC, 28677 offers $2,600/mo rent that, after a $1,620/mo payment, leaves $583/mo cash flow. Total monthly income is $2,600/mo, and annual cash flow is $6,994/yr on $109,723 cash. Return on cash invested measures 26.28% in year one, and rental yield stands at 9.43% at a $330,990 entry. Equity gained on principal adds $2,136/yr while 5% annual appreciation compounds into $91,446 by year five. Five-year ROI records 136.9% and total cumulative return in cash reaches $150,213. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,600/mo property income versus a $1,620/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.