About This Home
This 3-bedroom, 2-bathroom single family at 1516 Cypress Drive in Henderson, NC is listed for $258,000 ($114 per sqft). Built in 1951, the home offers 2,263 sqft of living space on a 0.46 acres lot.
Key Features
- Built in 1951
- 0.46 acre lot
- Fireplace
Property Details
Amenities
A rare opportunity for all landlords! Seller financing available. This turnkey brick ranch home with an unfinished basement has quality tenant already placed. Tenant is Nursing Manager in a senior living community. Immediate rare to find cash flow for landlord investors and built-in equity from day one!
Currently rented for $1,825/month. One year lease that expires on 6/30/2027, but tenants intend to stay long term. Located in a quiet, established neighborhood near Henderson Country Club, the home has benefited from numerous recent improvements. One-year Platinum Home Warranty is included.
Property has numerous new items done: Electrical Panel by licensed electrician, Furnace by licensed HVAC company, Water Heater by licensed plumber, Refrigerator, Microwave, Washer, Dryer, Ceiling fans. Buy below market value, collect rent from day one, and add a well-improved property with built-in equity to your portfolio.
Finish the basement yourself and further significantly enhance your return. Seller will provide a 1-year Old Republic Platinum Home Warranty, offering additional protection and peace of mind for the new owner. Schedule your showing today.
Monthly Cost Estimate
$1,380/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
1516 Cypress Drive
Henderson, NC 27536
Not in a Subdivision
Features & Amenities
Exterior Features
Property Details
Flooring
Construction
Heating
Cooling
Questions & Answers
This 3-bedroom, 2-bathroom single family at 1516 Cypress Drive is listed at $258,000 ($114/sqft). The estimated monthly payment is $1,380 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 1951, 0.46 acre lot, Fireplace. Exterior Features: Smart Lock(s).
This property is listed by Peter Cheng and can be reached at 9192194787.






