Arundle Rd #P11SLK, Catawba, NC, 28609 | $479/mo Cash Flow

Off market

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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 Arundle Rd #P11SLK, Catawba, NC, 28609 offers $2,572/mo rent that, after a $1,681/mo payment, leaves $479/mo cash flow. Total monthly income is $2,572/mo, and annual cash flow is $5,746/yr on $113,870 cash. Return on cash invested measures 24.95% in year one, and rental yield stands at 8.99% at a $343,500 entry. Equity gained on principal adds $2,217/yr while 5% annual appreciation compounds into $94,903 by year five. Five-year ROI records 129.77% and total cumulative return in cash reaches $147,769. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,572/mo property income versus a $1,681/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.

Home Type Unknown

Built in N/A

N/A lot

$N/A/sqft

No HOA