About This Home

This 3-bedroom, 2-bathroom single family at 1516 Cypress Drive in Henderson, NC is listed for $253,000 ($112 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

1 story
2 full
1951

Amenities

FireplaceHardwoodA/C
Listing 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.

Monthly Cost Estimate

$1,353/mo

20% down · 6.5% · 30 years

Principal$183
Interest$1,096
Insurance$74

Estimates only. Actual payments may vary.

Location

1516 Cypress Drive

Henderson, NC 27536

Not in a Subdivision

Features & Amenities

Exterior Features

Smart Lock(s)

Property Details

Flooring

VinylHardwoodCarpet

Construction

Brick Veneer

Heating

Electric (Heating)

Cooling

Electric

Questions & Answers

This 3-bedroom, 2-bathroom single family at 1516 Cypress Drive is listed at $253,000 ($112/sqft). The estimated monthly payment is $1,353 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.

PC

Peter Cheng

Agent at Southern Properties Group, Inc.

Listed by Southern Properties Group, Inc. · Broker phone: (919) 219-4787 · View on Broker Site

MLS# 10191143· Source: Doorify MLS· 51 days on PropertySimple

Copyright © 2026 Doorify MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

1516 Cypress Drive, Henderson, NC 27536

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