1060 McNeill Pond RdLumber BridgeNC28357
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Lumber Bridge at 1060 McNeill Pond Rd, Lumber Bridge, NC, 28357 earns $501/mo cash flow from $2,345/mo rent with a $1,481/mo payment. Total monthly income totals $2,345/mo, and annual cash flow totals $6,012/yr on $100,279 capital. ROI tracks 25.9% on current figures, and rental yield reads 9.3% at a $302,500 purchase. Equity gained on principal adds $1,952/yr, and 5% annual appreciation supports $83,575 over five years. Five-year ROI reaches 134.86% and total cumulative return in cash sums $135,233. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,345/mo property income instead of your personal income.
Single Family
Built in 2022
0.54 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28357, Lumber Bridge, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,159 (100%) |
| Owner Occupied HU | 798 (68.9%) |
| Renter Occupied HU | 250 (21.6%) |
| Vacant Housing Units | 111 ( 9.6%) |
| Median Home Value | $125,000 |
| Average Home Value | $208,155 |
Housing Distribution
Address Breakdown
Residential
1,139
Single Family
1,139
Multi-Family
0
Businesses
39
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: CHRISTINE MOULTRIE • MOULTRIE AND MCCLOSKEY PROPERTIES
Mls Name: LPRMLS
Mls Provider:
Mls ID: #742470
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.