159 Spring CourtLincolntonGA30817
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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 Lincolnton at 159 Spring Court, Lincolnton, GA, 30817 listed at $285,000 pairs $2,152/mo rent with a $1,395/mo payment to leave $417/mo cash flow. Total monthly income runs $2,152/mo, and annual cash flow reaches $5,008/yr on $94,478 cash to close. Return on cash invested measures 25.21% in year one, and rental yield registers 9.06% at a $285,000 basis. Equity gained on principal adds $1,839/yr, and annual property appreciation at 5% supports $78,740 by year five. Five-year ROI tracks 131.15% and total cumulative return in cash totals $123,906. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,152/mo property income relative to a $1,395/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1999
0.91 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30817, Lincolnton, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,118 (100%) |
| Owner Occupied HU | 2,479 (60.2%) |
| Renter Occupied HU | 695 (16.9%) |
| Vacant Housing Units | 944 (22.9%) |
| Median Home Value | $226,312 |
| Average Home Value | $312,256 |
Housing Distribution
Address Breakdown
Residential
3,557
Single Family
3,532
Multi-Family
25
Businesses
258
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Listed by: Melissa Parks • Virtual Properties Realty
Mls Name: Hive MLS
Mls ID: #550344