1206 N Elm StLumbertonNC28358
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 Lumberton at 1206 N Elm St, Lumberton, NC, 28358 earns $169/mo cash flow from $1,324/mo rent with a $928/mo payment. Total monthly income totals $1,324/mo, and annual cash flow totals $2,023/yr on $62,819 capital. ROI tracks 23.13% on current figures, and rental yield reads 8.38% at a $189,500 purchase. Equity gained on principal adds $1,223/yr, and 5% annual appreciation supports $52,355 over five years. Five-year ROI reaches 120% and total cumulative return in cash sums $75,383. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,324/mo property income instead of your personal income.
Apartment
Built in N/A
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: N/A • N/A
Mls Name: Zillow Rentals
Mls ID: #N/A