1294 Spencer Branch RoadLansingNC28643
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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 Lansing at 1294 Spencer Branch Road, Lansing, NC, 28643 listed at $699,000 pairs $0/mo rent with a $3,421/mo payment. Total monthly income runs $0/mo. Return on cash invested measures -2.17% in year one, and rental yield registers 0% at a $699,000 basis. Equity gained on principal adds $4,511/yr, and annual property appreciation at 5% supports $193,121 by year five. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $0/mo property income relative to a $3,421/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1915
27.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28643, Lansing, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,116 (100%) |
| Owner Occupied HU | 1,248 (59.0%) |
| Renter Occupied HU | 282 (13.3%) |
| Vacant Housing Units | 586 (27.7%) |
| Median Home Value | $255,806 |
| Average Home Value | $352,007 |
Housing Distribution
Address Breakdown
Residential
1,689
Single Family
1,689
Multi-Family
0
Businesses
55
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Listed by: Eric Brooks • Mountainscape Realty
Mls Name: High Country AOR
Mls ID: #257353