The Morgan Plan, Larkin, Statesville, NC, 28677 | $306/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

2 Bed
1 Bath
928 sft

10002 Psalms St, Cornelius, NC, 28031

3 Bed
2 Bath
1668 sft

6213 Golden Oak Ln, Denver, NC, 28037

4 Bed
3 Bath
2428 sft

122 N Shayna Rd, Troutman, NC, 28166

3 Bed
2 Bath
2111 sft

2140 Neel Rd, Salisbury, NC, 28147

Nearby investment properties with comparable prices

3 Bed
2 Bath
1657 sft

638 Lackey Mountain Rd, Hiddenite, NC, 28636

3 Bed
2 Bath
1190 sft

159 Dry Dock Loop, Mooresville, NC, 28117

3 Bed
2 Bath
1140 sft

Canterbury Plan, Beaver Creek, Statesville, NC, 28677

3 Bed
3 Bath
2044 sft

120 Vermillion Loop, Statesville, NC, 28625

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

Explore more listings using simple english

Investment Highlights

Rental property for sale in Statesville at The Morgan Plan, Larkin, Statesville, NC, 28677 offers $2,594/mo rent that, after a $1,811/mo payment, leaves $306/mo cash flow. Total monthly income is $2,594/mo, and annual cash flow is $3,672/yr on $122,652 cash. Return on cash invested measures 22.9% in year one, and rental yield stands at 8.41% at a $369,990 entry. Equity gained on principal adds $2,387/yr while 5% annual appreciation compounds into $102,221 by year five. Five-year ROI records 118.93% and total cumulative return in cash reaches $145,874. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,594/mo property income versus a $1,811/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.

Single Family

Built in 2026

N/A lot

$N/A/sqft

$33 monthly HOA