140 Vera LnColumbusNC28722
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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 Columbus at 140 Vera Ln, Columbus, NC, 28722 uses $132,600 cash to close to unlock $7,980/yr annual cash flow and $665/mo monthly cash flow. Total monthly income runs $3,103/mo, and a $1,958/mo payment keeps the spread at $665/mo. Purchase price stands at $400,000, and rental yield measures 9.31% with $3,103/mo rent. Return on cash invested shows 25.93% in year one, and 5% annual appreciation builds toward $110,513 over five years. Five-year ROI reaches 134.98% and total cumulative return in cash records $178,984. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,103/mo property income covering a $1,958/mo payment rather than investor’s personal income.
Single Family
Built in 2020
2.45 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28722, Columbus, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,524 (100%) |
| Owner Occupied HU | 2,164 (61.4%) |
| Renter Occupied HU | 756 (21.5%) |
| Vacant Housing Units | 604 (17.1%) |
| Median Home Value | $389,694 |
| Average Home Value | $475,416 |
Housing Distribution
Address Breakdown
Residential
3,159
Single Family
2,751
Multi-Family
408
Businesses
353
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Listed by: JENNIFER HUBBELL • Keller Williams Drive
Mls Name: SAR
Mls ID: #329406