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John KurtzCharlotte · NC

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Statesville · Statesville, NC

126 Penguin Lane

Statesville, NC · 1,528 sqft

$276,000

Reduced from $305,000

  • 3Beds
  • 1Baths
  • 1,528SqFt
  • 1975Year
  • 266Days on market

About this home

Investors, take note! This turnkey 3-bedroom, 1-bath home comes with a new lease already in place, providing guaranteed monthly income from day one. Recently remodeled prior to the current tenant’s move-in, the property requires minimal upkeep, making it a low-hassle addition to your portfolio. The home is currently being utilized as a 4-bedroom, 2-bath home which helps rental marketability. Set back from the road and surrounded by farmland, the home offers a quiet, private setting that is highly desirable for tenants and future homeowners alike. With its floor plan and updated finishes, this property is both comfortable and marketable, ensuring continued rental demand.Whether you’re looking to expand your rental portfolio or secure a home for yourself in the future, 126 Penguin Ln is an opportunity you want to check out.

Property details

Beds
3
Baths
1
SqFt
1,528
Lot
Year built
1975
Type
Single Family
Days on market
266
Garage
2
Heating
Heat Pump
Cooling
Central Air
Foundation
Crawl Space

Payment estimate

Estimated monthly payment

Includes P&I, tax, insurance

$2,031/ month

Principal & interest
$1,709
Property tax (~1.05%)
$241
Homeowners insurance
$80
HOA dues

Down payment

$13,800 down · $262,200 financed

Income to qualify (28% rule)

~$87,057 / year household

A rough rule — actual qualification depends on your full debt picture, credit, and the lender. John can introduce you to lenders he trusts.

Numbers are a directional estimate. Actual monthly cost varies by lender, credit, taxes assessed at closing, and insurance carrier. This is not a loan offer or pre-approval.

Location

Begin the conversation

When you're
ready, so am I.

Whether you're quietly considering a move or simply curious about what your home might bring today, I welcome the conversation. Every relationship begins with a coffee.