For Sale $225,000
Turnkey Investment Opportunity! Tenant in Place! $1,750/Month. Investor-ready single-family property with immediate cash flow. This 5-bedroom, 2-bath home is tenant-occupied through May 31, 2025, generating $1,750 per month, with the tenant responsible for all utilities. The property offers a functional layout well-suited for long-term rental demand. Current lease provides stable income with flexibility for renewal, repositioning, or owner-occupancy at lease expiration. Showings by appointment only with 24-hour notice preferred. Preferred showing days are Tuesdays and Sundays, or Monday–Friday between 9:00 AM–3:00 PM. Do not disturb tenant. Lease details and financials available upon request. Schedule your appointment today! Can close quickly!
| List Price: | $225,000 |
| Status: | For Sale |
| Bedrooms: | 5 |
| Type: | Single Family Residence |
| Approx Sq. Ft.: | 1096 sqft |
| Parking: | Parking Space(s) |
| MLS Number: | CAR4312046 |
| Subdivision: | Lincoln Estates |
| Bathrooms: | 2 |
| Year Built: | 1966 |
| Sewer Type: | Septic Installed |
| Elementary: | Unspecified |
| Middle: | Unspecified |
| High: | Unspecified |
| Date | Event | Price | $/SQFT |
| 11-02-2025 | Listed | $225,000 | $206 |
These schools are only nearby your property search, you must confirm exact assigned schools.
| School Name | Distance | Grades | Rating |
| N B Mills Elementary School | 1 miles | PK-05 | 1 |
| American Renaissance School | 2 miles | KG-06 | 9 |
| Success Charter School | 3 miles | KG-06 | 1 |
| Celeste Henkel Elementary School | 3 miles | PK-05 | 5 |
| Pressly School | 4 miles | KG-06 | N/A |
| Third Creek Elementary School | 4 miles | PK-05 | 2 |
Source is provided by local and state governments and municipalities and is subject to change without notice, and is not guaranteed to be up to date or accurate.
Mileage is an estimation calculated from the property results address of your search. Driving time will vary from location to location.
| Street Address | Distance | Status | List Price | Days on Market |
| 1129 Rita Avenue, Statesville NC | 0 mi | $225,000 | days | |
| 1309 Williams Road, Statesville NC | 0.1 mi | $96,700 | days | |
| 155 Mary Locke Way, Statesville NC | 0.4 mi | $354,540 | days | |
| 812 Candy Drive, Statesville NC | 0.4 mi | $329,000 | days | |
| 119 Mary Locke Way, Statesville NC | 0.4 mi | $339,000 | days | |
| 149 Mary Locke Way, Statesville NC | 0.4 mi | $320,040 | days |
Mileage is an estimation calculated from the property results address of your search. Driving time will vary from location to location.
| Street Address | Distance | Property Type | Sold Price | Property Details |
Powered by Google Maps
| Down Payment Amount | $990,000 |
| Mortgage Amount | $3,960,000 |
| Monthly Payment (Principal & Interest Only) | $19,480 |
* Expand Calculator (incl. monthly expenses)
| Property Taxes |
$
|
| H.O.A. / Maintenance |
$
|
| Property Insurance |
$
|
| Total Monthly Payment | $20,941 |
|
Occupancy Types |
|
Transportation to Work |
Source is provided by local and state governments and municipalities and is subject to change without notice, and is not guaranteed to be up to date or accurate.
A Courtesy Listing Provided By NextHome Authority
1129 Rita Avenue, Statesville NC is a 1096 ft2 on a 0.250 acres Appraisal lot. This is for $225,000. This has 5 bedrooms, 2 baths, and was built in 1966.
Based on information submitted to the MLS GRID as of 2025-11-02 11:45:19 EST. All data is
obtained from various sources and may not have been verified by broker or MLS GRID. Supplied
Open House Information is subject to change without notice. All information should be independently
reviewed and verified for accuracy. Properties may or may not be listed by the office/agent
presenting the information. Some IDX listings have been excluded from this website.
Properties displayed may be listed or sold by various participants in the MLS.
Click here for more information
Neither Yates Realty nor any listing broker shall be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing.