Timberhill A Plan, Statesville, NC: Build On Your Lot,Statesville,NC,28677

Investment Highlights

Investment property for sale in Statesville at Timberhill A Plan, Statesville, NC: Build On Your Lot, Statesville, NC, 28677 listed at $248,491 pairs $1,980/mo rent with a $1,216/mo payment to leave $466/mo cash flow. Total monthly income runs $1,980/mo, and annual cash flow reaches $5,590/yr on $82,375 cash to close. Return on cash invested measures 26.69% in year one, and rental yield registers 9.56% at a $248,491 basis. Equity gained on principal adds $1,603/yr, and annual property appreciation at 5% supports $68,653 by year five. Five-year ROI tracks 139.1% and total cumulative return in cash totals $114,580. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,980/mo property income relative to a $1,216/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).