102 Lantana LaneHampsteadNC28443
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Hampstead at 102 Lantana Lane, Hampstead, NC, 28443 listed at $423,000 pairs $2,599/mo rent with a $2,070/mo payment to leave $21/mo cash flow. Total monthly income runs $2,599/mo, and annual cash flow reaches $257/yr on $140,225 cash to close. Return on cash invested measures 20.09% in year one, and rental yield registers 7.37% at a $423,000 basis. Equity gained on principal adds $2,730/yr, and annual property appreciation at 5% supports $116,867 by year five. Five-year ROI tracks 103.71% and total cumulative return in cash totals $145,429. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,599/mo property income relative to a $2,070/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2006
0.38 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28443, Hampstead, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,890 (100%) |
| Owner Occupied HU | 9,436 (67.9%) |
| Renter Occupied HU | 2,390 (17.2%) |
| Vacant Housing Units | 2,064 (14.9%) |
| Median Home Value | $417,206 |
| Average Home Value | $465,947 |
Housing Distribution
Address Breakdown
Residential
12,362
Single Family
11,362
Multi-Family
1,000
Businesses
716
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Listed by: Danielle Rivenbark • Coldwell Banker Sea Coast Advantage
Mls Name: Hive MLS
Mls ID: #100522984