1626 State Highway 704 ELawsonvilleNC27022
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Lawsonville at 1626 State Highway 704 E, Lawsonville, NC, 27022 listed at $310,000 pairs $1,835/mo rent with a $1,517/mo payment. Total monthly income runs $1,835/mo. Return on cash invested measures 19.28% in year one, and rental yield registers 7.1% at a $310,000 basis. Equity gained on principal adds $2,000/yr, and annual property appreciation at 5% supports $85,647 by year five. Five-year ROI tracks 99.32% and total cumulative return in cash totals $102,067. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,835/mo property income relative to a $1,517/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Manufactured
Built in 1999
6.86 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27022, Lawsonville, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 768 (100%) |
| Owner Occupied HU | 527 (68.6%) |
| Renter Occupied HU | 129 (16.8%) |
| Vacant Housing Units | 112 (14.6%) |
| Median Home Value | $218,056 |
| Average Home Value | $216,594 |
Housing Distribution
Address Breakdown
Residential
677
Single Family
677
Multi-Family
0
Businesses
31
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Nearby investment properties with comparable prices
Listed by: LauraBeth Frantz • Southern Signature Properties
Mls Name: Triad MLS
Mls ID: #1196581