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Denver · Denver, NC

3927 Jasmine Lane

Denver, NC · 1,110 sqft

$249,000

  • 2Beds
  • 2Baths
  • 1,110SqFt
  • 1996Year
  • 27x75x27x75Lot

About this home

Excellent investment opportunity with a reliable long-term tenant already in place! The current lease runs through July 31, 2027, providing immediate cash flow with annual rental income of $19,560. Located in The Terraces, a desirable 55+ community in Denver, this well-maintained 2-bedroom, 2-bath home features a spacious open floor plan with vaulted ceilings, a large kitchen offering abundant counter space and a breakfast bar, and an enclosed sunroom that provides valuable additional living space. Beautiful hard-surface flooring runs throughout the home—no carpet! The primary suite includes a private en-suite bathroom and a generous walk-in closet, while the home's thoughtful layout offers ample storage throughout. Conveniently located within walking distance of the community clubhouse and just minutes from restaurants, shopping, and everyday conveniences in the heart of Denver. A turnkey investment with stable income in a highly desirable community.

Property details

Beds
2
Baths
2
SqFt
1,110
Lot
27x75x27x75
Year built
1996
Type
Townhome
Heating
Central
Cooling
Ceiling Fan(s), Central Air
Foundation
Slab
Flooring
Vinyl
HOA dues
$203 / mo

Payment estimate

Estimated monthly payment

Includes P&I, tax, insurance, HOA

$2,004/ month

Principal & interest
$1,542
Property tax (~0.90%)
$186
Homeowners insurance
$72
HOA dues
$203

Down payment

$12,450 down · $236,550 financed

Income to qualify (28% rule)

~$85,907 / 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.

Location

About Denver

Lake Norman west · Rural growth

Lincoln County town on the west side of Lake Norman — fastest-growing rural market in the region, with new subdivisions tied to the lake and the Highway 16 corridor.

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