133 Lewis Farm RdBessemer CityNC28016
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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 Bessemer City at 133 Lewis Farm Rd, Bessemer City, NC, 28016 offers $3,100/mo rent that, after a $3,666/mo payment. Total monthly income is $3,100/mo. Return on cash invested measures 12.93% in year one, and rental yield stands at 4.97% at a $749,000 entry. Equity gained on principal adds $4,833/yr while 5% annual appreciation compounds into $206,935 by year five. Five-year ROI records 65.25% and total cumulative return in cash reaches $160,792. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,100/mo property income versus a $3,666/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1990
5.48 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28016, Bessemer City, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,159 (100%) |
| Owner Occupied HU | 3,831 (62.2%) |
| Renter Occupied HU | 1,793 (29.1%) |
| Vacant Housing Units | 535 ( 8.7%) |
| Median Home Value | $248,734 |
| Average Home Value | $320,265 |
Housing Distribution
Address Breakdown
Residential
5,725
Single Family
5,675
Multi-Family
50
Businesses
306
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Listed by: Andi McLeymore • EXP Realty LLC Ballantyne
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4309644