Rosewood Plan, Sterling Oaks,Ash,NC,28420

Investment Highlights

Rental property for sale in Ash at Rosewood Plan, Sterling Oaks, Ash, NC, 28420 priced at $266,990 converts $1,887/mo rent into $260/mo cash flow after a $1,307/mo obligation. Total monthly income equals $1,887/mo, and annual cash flow totals $3,115/yr on $88,507 invested. Return on cash invested prints 23.43% in year one, and rental yield reads 8.48% against a $266,990 entry. Equity gained on principal adds $1,723/yr, while 5% annual appreciation compiles into $73,764 by year five. Five-year ROI reaches 121.59% and total cumulative return in cash sums $107,620. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,887/mo property income covering a $1,307/mo payment, not borrower’s personal income.