174 Way Home 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 174 Way Home Ln, Columbus, NC, 28722 earns $365/mo cash flow from $1,572/mo rent with a $969/mo payment. Total monthly income totals $1,572/mo, and annual cash flow totals $4,385/yr on $65,637 capital. ROI tracks 26.59% on current figures, and rental yield reads 9.53% at a $197,999 purchase. Equity gained on principal adds $1,278/yr, and 5% annual appreciation supports $54,703 over five years. Five-year ROI reaches 138.59% and total cumulative return in cash sums $90,964. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,572/mo property income instead of your personal income.
Manufactured
Built in 2006
1.09 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: Michael Simonetti • Shelton Properties at KW
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4281603