1112 E 10th StLumbertonNC28358
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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 1112 E 10th St, Lumberton, NC, 28358 listed at $145,000 pairs $1,441/mo rent with a $710/mo payment to leave $557/mo cash flow. Total monthly income runs $1,441/mo, and annual cash flow reaches $6,684/yr on $48,068 cash to close. Return on cash invested measures 33.81% in year one, and rental yield registers 11.93% at a $145,000 basis. Equity gained on principal adds $936/yr, and annual property appreciation at 5% supports $40,061 by year five. Five-year ROI tracks 177.29% and total cumulative return in cash totals $85,220. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,441/mo property income relative to a $710/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1960
N/A lot
$N/A/sqft
No 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: MELISSA NANCE • COLDWELL BANKER PREMIER TEAM REALTY
Mls Name: LPRMLS
Mls ID: #748860