1146 Landrum RdColumbusNC28722
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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 Columbus at 1146 Landrum Rd, Columbus, NC, 28722 listed at $599,900 pairs $3,304/mo rent with a $2,936/mo payment. Total monthly income runs $3,304/mo. Return on cash invested measures 17.92% in year one, and rental yield registers 6.61% at a $599,900 basis. Equity gained on principal adds $3,871/yr, and annual property appreciation at 5% supports $165,741 by year five. Five-year ROI tracks 92.04% and total cumulative return in cash totals $181,648. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,304/mo property income relative to a $2,936/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1998
4.79 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28722, Columbus, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,524 (100%) |
| Owner Occupied HU | 2,164 (61.4%) |
| Renter Occupied HU | 756 (21.5%) |
| Vacant Housing Units | 604 (17.1%) |
| Median Home Value | $389,694 |
| Average Home Value | $475,416 |
Housing Distribution
Address Breakdown
Residential
3,159
Single Family
2,751
Multi-Family
408
Businesses
353
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Listed by: Carl Campbell • Campbell & Associates RE
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4336640