10717 S State Highway 150LinwoodNC27299
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 Linwood at 10717 S State Highway 150, Linwood, NC, 27299 offers a 9.22% rental yield on a $130,000 purchase with $999/mo rent. Total monthly income registers $999/mo, and a $636/mo payment leaves $207/mo available for distribution. Annual cash flow reaches $2,484/yr on $43,095 to close, and return on cash invested stands at 25.67% in year one. Equity gained on principal adds $839/yr while 5% annual appreciation supports $35,917 over five years. Portfolio math shows five-year ROI at 133.61% and total cumulative return in cash at $57,579. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $999/mo property income against a $636/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1939
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27299, Linwood, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,196 (100%) |
| Owner Occupied HU | 1,611 (73.4%) |
| Renter Occupied HU | 422 (19.2%) |
| Vacant Housing Units | 163 ( 7.4%) |
| Median Home Value | $265,625 |
| Average Home Value | $281,597 |
Housing Distribution
Address Breakdown
Residential
2,067
Single Family
2,067
Multi-Family
0
Businesses
110
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Listed by: Derek Blanton • Keller Williams South Park
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4317280