Agent profile image in chat bubble
Agent profile image in chat header

Terri Bias

Operator/Brokerage Owner | Terri Bias and Associates | PLACE

Agent profile image in message

1516 Cypress Dr , Henderson, NC 27536
$253,000
Est. Payment: $1,421.87/mo
3 Bed
2 Bath
2263 Sqft
0.46 Acres
Status: active | Days on site: 37
Get Pre-Qualified
75232 - 86562,97880
By proceeding and clicking the sign up button, you consent to receive calls and texts (SMS/MMS) including marketing and promotional communications, from Terri Bias, its affiliates, and agents or vendors acting on their behalf. These communications may be delivered using an automatic telephone dialing system or by using an artificial or prerecorded voice. Message and data rates may apply. To opt out of text messages, reply STOP. Your consent is not required as a condition of any purchase. By continuing, you also agree to our Terms of Use and Privacy Policy.
Agent profile image
Terri Bias
Operator/Brokerage Owner

House Description

Seller financing ok. 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.

Highlights

Listed by Peter Cheng , and Aisha Liu , Southern Properties Group Inc. , Triangle MLS, Inc. of North Carolina mls logo

Property Type

Residential

Lot/Acreage
0.46

Year Built

1951

County

Vance

Neighborhood

Not in a Subdivision

Listing ID

10191143

Questions about this listing?

Contact Agent

Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:3
  • ▪ Bathrooms:2
  • ▪ Full Bathrooms:2
Air Cond:Electric
Fireplaces:
Floor:Carpet,Hardwood,Vinyl
Above Ground Sq Ft:2263
Basement:Unfinished
Water:Public

Exterior Features

Roof:Shingle
Others:
  • ▪ Additional:Smart Lock(s)
Sewer:Public Sewer
Parking Features:Two Carport Spaces
Principal Interest
$1,422
Taxes
$161

Home Price

$253,000

Loan Details

30 yrs
7.548%

Down Payment

20%
$50,600
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$1,421.87

Principal

Taxes

Principal Taxes HOA Total
Monthly $1,421.87 $161.29 $0.00 $1,583.16
Yearly $17,062.42 $1,935.45 $0.00 $18,997.87
Total $511,872.70 $58,063.50 $0.00 $569,936.20

Today's Rates

30 Year

7.55%

20 Year

7.5%

15 Year

6.75%

Never Miss a Property

Be the first to know when a property hits the market.

Current Listings

Last 30 Days
N/A
Oct 2026

Average Price

All Price Ranges
N/A
Oct 2026

Average Days on Market

All Price Ranges
N/A
Oct 2026
Market insight data is pulled from the same city as the listing being viewed (Henderson, NC).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information Not Guaranteed.
Listings marked with an icon are provided courtesy of the Triangle MLS, Inc. of North Carolina, Internet Data Exchange Database.
©2026 Triangle MLS, Inc. of North Carolina. All rights reserved.

Data last updated: 2026-10-14T14:02:08.000Z

© 2026 Triangle MLS, Inc. of North Carolina

MLS Logo - Triangle MLS, Inc. of North Carolina