The Harrington Plan, Catawba Trace, Catawba, NC, 28609 | 3.81% Rental Yield

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

Rental property for sale in Catawba at The Harrington Plan, Catawba Trace, Catawba, NC, 28609 offers $960/mo rent that, after a $1,478/mo payment. Total monthly income is $960/mo. Return on cash invested measures 9.36% in year one, and rental yield stands at 3.81% at a $301,990 entry. Equity gained on principal adds $1,949/yr while 5% annual appreciation compounds into $83,434 by year five. Five-year ROI records 46.14% and total cumulative return in cash reaches $46,189. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $960/mo property income versus a $1,478/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.

Single Family

Built in 2025

N/A lot

$N/A/sqft

No HOA