12421 Appin RoadLaurinburgNC28352
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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
Rental property for sale in Laurinburg at 12421 Appin Road, Laurinburg, NC, 28352 generates $1,379/mo in rent, after a $1,415/mo payment. Total monthly income is $1,379/mo. Return on cash invested sits at 15.11% in year one, and rental yield is 5.73% on a $289,000 entry. Equity gained on principal adds $1,865/yr, while 5% annual appreciation builds toward $79,845 over five years. Five-year ROI reaches 77.04% and total cumulative return in cash sums $73,802. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,379/mo property income rather than buyer’s personal income.
Single Family
Built in 1964
1.16 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28352, Laurinburg, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,044 (100%) |
| Owner Occupied HU | 5,072 (50.5%) |
| Renter Occupied HU | 3,843 (38.3%) |
| Vacant Housing Units | 1,129 (11.2%) |
| Median Home Value | $143,160 |
| Average Home Value | $188,793 |
Housing Distribution
Address Breakdown
Residential
9,733
Single Family
9,082
Multi-Family
651
Businesses
805
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Listed by: Sue Calegan • LPT Realty
Mls Name: Hive MLS
Mls ID: #100545563