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Active
$253,000 Est. $1,743/mo — Get pre-qualified
3beds 2baths 2,263sq ft 0.46acres

1516 Cypress Drive · Henderson, NC 27536

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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.

Features & Amenities

Living Area2,263 Sq.Ft.
Bedrooms3
Baths2
HeatingElectric
CoolingElectric
FlooringCarpet, Hardwood, Vinyl
FireplaceYes
Exterior FeaturesSmart Lock(s)
StyleTraditional
Year Built1951
ConstructionBrick Veneer
RoofShingle
FoundationBlock
StatusActive
Lot Size0.46 Acres
SubdivisionNot in a Subdivision
CountyVance
Property TypeResidential
Property SubTypeSingle Family Residence
Last UpdatedOct 8, 2026
SewerPublic Sewer
Water SourcePublic
HOANo
ElementaryHenderson - Atkinson Elementary Elementary School
MiddleHenderson - Apple Valley Middle Middle School
HighHenderson - East Henderson High High School
Presented By: Southern Properties Group Inc.; 919.480.1618; pcheng06@gmail.com

Location

Property boundary from county GIS

Neighborhood Snapshot

U.S. Census Bureau, ACS 5-year estimates

Neighborhood data describes this home's U.S. Census tract and is provided for information only. Statistics describe an area, not any individual property or its residents.

Pricing History

DateEventPriceChange
Oct 8, 2026 Price Reduced $255,000 → $253,000 ▾ $2,000 (0.8%)
Sep 7, 2026 Price Change $258,000 —

Monthly Cost Estimate

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* Estimates only. Actual rates, payments, and terms vary. Consult a licensed mortgage professional.

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