Savannah Plan, Edgewater on Lake Tillery Inland,Norwood,NC,28128

Investment Highlights

Rental property for sale in Norwood at Savannah Plan, Edgewater on Lake Tillery Inland, Norwood, NC, 28128 priced at $461,751 pairs $2,160/mo rent with after a $2,260/mo payment. Total monthly income equals $2,160/mo. Return on cash invested is 14.78% in year one, and rental yield stands at 5.61% on a $461,751 basis. Equity gained on principal adds $2,980/yr, and 5% annual appreciation accumulates to $127,573 by year five. Five-year ROI measures 75.22% and total cumulative return in cash reaches $115,139. For financing, Ziffy Mortgage’s DSCR program evaluates $2,160/mo property income against a $2,260/mo payment instead of your W2s, 1099s, or Tax returns.