1232 Chason RdLumber BridgeNC28357
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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 Lumber Bridge at 1232 Chason Rd, Lumber Bridge, NC, 28357 earns $687/mo cash flow from $2,880/mo rent with a $1,761/mo payment. Total monthly income totals $2,880/mo, and annual cash flow totals $8,247/yr on $119,282 capital. ROI tracks 26.82% on current figures, and rental yield reads 9.6% at a $359,825 purchase. Equity gained on principal adds $2,322/yr, and 5% annual appreciation supports $99,413 over five years. Five-year ROI reaches 139.82% and total cumulative return in cash sums $166,778. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,880/mo property income instead of your personal income.
Single Family
Built in 2025
0.67 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28357, Lumber Bridge, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,159 (100%) |
| Owner Occupied HU | 798 (68.9%) |
| Renter Occupied HU | 250 (21.6%) |
| Vacant Housing Units | 111 ( 9.6%) |
| Median Home Value | $125,000 |
| Average Home Value | $208,155 |
Housing Distribution
Address Breakdown
Residential
1,139
Single Family
1,139
Multi-Family
0
Businesses
39
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Listed by: FELICIA MCGARRY • CENTURY 21 The Realty Group
Mls Name: LPRMLS
Mls Provider:
Mls ID: #740779
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.