12881 Andrews DriveLaurinburgNC28352
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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 Laurinburg at 12881 Andrews Drive, Laurinburg, NC, 28352 earns $189/mo cash flow from $1,240/mo rent with a $844/mo payment. Total monthly income totals $1,240/mo, and annual cash flow totals $2,268/yr on $57,184 capital. ROI tracks 23.88% on current figures, and rental yield reads 8.63% at a $172,500 purchase. Equity gained on principal adds $1,113/yr, and 5% annual appreciation supports $47,659 over five years. Five-year ROI reaches 123.96% and total cumulative return in cash sums $70,886. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,240/mo property income instead of your personal income.
Single Family
Built in 1973
0.47 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: Taylor Schlyer • Stateline Realty and Property Management LLC
Mls Name: Hive MLS
Mls ID: #100545542