1354 Chason RdLumber BridgeNC28367
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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 1354 Chason Rd, Lumber Bridge, NC, 28367 uses $113,671 cash to close to unlock $3,666/yr annual cash flow and $306/mo monthly cash flow. Total monthly income runs $2,395/mo, and a $1,678/mo payment keeps the spread at $306/mo. Purchase price stands at $342,900, and rental yield measures 8.38% with $2,395/mo rent. Return on cash invested shows 23.13% in year one, and 5% annual appreciation builds toward $94,737 over five years. Five-year ROI reaches 120.02% and total cumulative return in cash records $136,433. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,395/mo property income covering a $1,678/mo payment rather than investor’s personal income.
Single Family
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28367, Norman, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | |
| Owner Occupied HU | |
| Renter Occupied HU | |
| Vacant Housing Units | |
| Median Home Value | |
| Average Home Value |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
8
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Listed by: TEAM THOMPSON • COLDWELL BANKER ADVANTAGE - FAYETTEVILLE
Mls Name: LPRMLS
Mls Provider:
Mls ID: #740402
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.