1203 S 3rd StLillingtonNC27546
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 Lillington at 1203 S 3rd St, Lillington, NC, 27546 offers a 11.28% rental yield on a $125,000 purchase with $1,175/mo rent. Total monthly income registers $1,175/mo, and a $612/mo payment leaves $413/mo available for distribution. Annual cash flow reaches $4,956/yr on $41,438 to close, and return on cash invested stands at 31.87% in year one. Equity gained on principal adds $807/yr while 5% annual appreciation supports $34,535 over five years. Portfolio math shows five-year ROI at 166.85% and total cumulative return in cash at $69,137. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,175/mo property income against a $612/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2000
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27546, Lillington, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,340 (100%) |
| Owner Occupied HU | 5,690 (60.9%) |
| Renter Occupied HU | 2,571 (27.5%) |
| Vacant Housing Units | 1,079 (11.6%) |
| Median Home Value | $323,477 |
| Average Home Value | $334,710 |
Housing Distribution
Address Breakdown
Residential
8,659
Single Family
8,060
Multi-Family
599
Businesses
536
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: JEAN NIPPER • NIPPER PROPERTIES
Mls Name: LPRMLS
Mls Provider:
Mls ID: #747295
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.