11 Rainmaker StLindenNC28356
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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 Linden at 11 Rainmaker St, Linden, NC, 28356 uses $111,053 cash to close to unlock $8,496/yr annual cash flow and $708/mo monthly cash flow. Total monthly income runs $2,750/mo, and a $1,640/mo payment keeps the spread at $708/mo. Purchase price stands at $335,000, and rental yield measures 9.85% with $2,750/mo rent. Return on cash invested shows 27.56% in year one, and 5% annual appreciation builds toward $92,554 over five years. Five-year ROI reaches 143.73% and total cumulative return in cash records $159,620. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,750/mo property income covering a $1,640/mo payment rather than investor’s personal income.
Single Family
Built in 2020
0.44 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28356, Linden, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,390 (100%) |
| Owner Occupied HU | 1,766 (73.9%) |
| Renter Occupied HU | 439 (18.4%) |
| Vacant Housing Units | 185 ( 7.7%) |
| Median Home Value | $302,226 |
| Average Home Value | $313,153 |
Housing Distribution
Address Breakdown
Residential
2,165
Single Family
2,165
Multi-Family
0
Businesses
48
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Listed by: HEATHER HUGHES • EVERYTHING PINES PARTNERS (SANFORD)
Mls Name: LPRMLS
Mls ID: #755142