1416 Chason RdLumber BridgeNC28357
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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 Lumber Bridge at 1416 Chason Rd, Lumber Bridge, NC, 28357 priced at $317,900 pairs $2,116/mo rent with $179/mo cash flow after a $1,556/mo payment. Total monthly income equals $2,116/mo, and annual cash flow comes to $2,142/yr on $105,384 invested. Return on cash invested is 21.94% in year one, and rental yield stands at 7.99% on a $317,900 basis. Equity gained on principal adds $2,051/yr, and 5% annual appreciation accumulates to $87,830 by year five. Five-year ROI measures 113.63% and total cumulative return in cash reaches $119,752. For financing, Ziffy Mortgage’s DSCR program evaluates $2,116/mo property income against a $1,556/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2024
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28357, Lumber Bridge, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,159 (100%) |
| Owner Occupied HU | 798 (68.9%) |
| Renter Occupied HU | 250 (21.6%) |
| Vacant Housing Units | 111 ( 9.6%) |
| Median Home Value | $125,000 |
| Average Home Value | $208,155 |
Housing Distribution
Address Breakdown
Residential
1,139
Single Family
1,139
Multi-Family
0
Businesses
39
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Listed by: TEAM THOMPSON • COLDWELL BANKER ADVANTAGE - FAYETTEVILLE
Mls Name: LPRMLS
Mls Provider:
Mls ID: #730871
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.