1621 Lobelia RdVassNC28394
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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 Vass at 1621 Lobelia Rd, Vass, NC, 28394 earns $217/mo cash flow from $1,496/mo rent with a $1,027/mo payment. Total monthly income totals $1,496/mo, and annual cash flow totals $2,605/yr on $69,582 capital. ROI tracks 23.65% on current figures, and rental yield reads 8.55% at a $209,900 purchase. Equity gained on principal adds $1,354/yr, and 5% annual appreciation supports $57,992 over five years. Five-year ROI reaches 122.87% and total cumulative return in cash sums $85,496. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,496/mo property income instead of your personal income.
Single Family
Built in 1990
6 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28394, Vass, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,826 (100%) |
| Owner Occupied HU | 1,900 (67.2%) |
| Renter Occupied HU | 616 (21.8%) |
| Vacant Housing Units | 310 (11.0%) |
| Median Home Value | $346,532 |
| Average Home Value | $432,871 |
Housing Distribution
Address Breakdown
Residential
2,565
Single Family
2,565
Multi-Family
0
Businesses
155
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Listed by: CURTIS JONES • COLDWELL BANKER ADVANTAGE - FAYETTEVILLE
Mls Name: LPRMLS
Mls ID: #750805