103 Red Oak CtLumbertonNC28358
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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 Lumberton at 103 Red Oak Ct, Lumberton, NC, 28358 at $469,000 posts ROI 19.9% with from $2,880/mo rent. Total monthly income equals $2,880/mo. Return on cash invested measures 19.9% and rental yield reads 7.37% at the current $469,000. Equity gained on principal adds $3,026/yr, and 5% annual appreciation supports $129,576 by year five. Five-year ROI prints 102.73% and total cumulative return in cash totals $159,715. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,880/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2002
N/A lot
$N/A/sqft
$275 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28358, Lumberton, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,182 (100%) |
| Owner Occupied HU | 7,971 (52.5%) |
| Renter Occupied HU | 5,246 (34.6%) |
| Vacant Housing Units | 1,965 (12.9%) |
| Median Home Value | $130,097 |
| Average Home Value | $180,703 |
Housing Distribution
Address Breakdown
Residential
15,256
Single Family
13,674
Multi-Family
1,582
Businesses
1,406
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Listed by: TITO MASSOL • REALTY ONE GROUP HERITAGE
Mls Name: LPRMLS
Mls Provider:
Mls ID: #734681
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.