Troutman · Troutman, NC
119 Port Bow Drive
Troutman, NC · 2,637 sqft
$485,000
- 4Beds
- 3.5Baths
- 2,637SqFt
- 2021Year
- 62Days on market
About this home
RARE CORPORATE RENTAL & INVESTMENT OPPORTUNITY | FALLS COVE
119 Port Bow Drive is a rare opportunity to acquire one of a limited number of rental-approved homes in Falls Cove, with an established three-year history of renters. This property is ideally suited for corporate housing, executive rental, or long-term investment use in the Lake Norman Market. Its proven rental history provides investors with actual operating experience rather than simply projected rental potential. Recent improvements include new carpeting, fresh interior paint, irrigation, landscaping, fencing, exterior lighting, updated blinds, and a newer refrigerator, reducing near-term capital requirements. Conveniently located near Lake Norman, Charlotte, Mooresville, major employment centers, shopping, dining, and transportation. Limited rental inventory, established rental history, corporate-housing potential, and recent improvements make this a compelling residential investment asset. Offered at $485,000
Property details
- Beds
- 4
- Baths
- 3.5
- SqFt
- 2,637
- Lot
- —
- Year built
- 2021
- Type
- Single Family
- Days on market
- 62
- Garage
- 2
- Heating
- Forced Air, Natural Gas
- Cooling
- Central Air
- Foundation
- Slab
Payment estimate
Estimated monthly payment
Includes P&I, tax, insurance
$3,508/ month
- Principal & interest
- $3,003
- Property tax (~0.90%)
- $363
- Homeowners insurance
- $141
- HOA dues
- —
Down payment
$24,250 down · $460,750 financed
Income to qualify (28% rule)
~$150,384 / year household
A rough rule — actual qualification depends on your full debt picture, credit, and the lender. Christy can introduce you to lenders she 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.