113 Old Stage Coach RdLawndaleNC28090
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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 Lawndale at 113 Old Stage Coach Rd, Lawndale, NC, 28090 offers a 8.5% rental yield on a $359,000 purchase with $2,542/mo rent. Total monthly income registers $2,542/mo, and a $1,757/mo payment leaves $354/mo available for distribution. Annual cash flow reaches $4,250/yr on $119,009 to close, and return on cash invested stands at 23.48% in year one. Equity gained on principal adds $2,317/yr while 5% annual appreciation supports $99,185 over five years. Portfolio math shows five-year ROI at 121.89% and total cumulative return in cash at $145,063. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,542/mo property income against a $1,757/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1968
0.75 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28090, Lawndale, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,012 (100%) |
| Owner Occupied HU | 2,708 (67.5%) |
| Renter Occupied HU | 830 (20.7%) |
| Vacant Housing Units | 474 (11.8%) |
| Median Home Value | $221,971 |
| Average Home Value | $250,305 |
Housing Distribution
Address Breakdown
Residential
3,220
Single Family
3,220
Multi-Family
0
Businesses
117
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Listed by: Don Costner • Howard Hanna Allen Tate Shelby
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4327778