187 Lucerne Strasse RoadMarionNC28752
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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 Marion at 187 Lucerne Strasse Road, Marion, NC, 28752 offers a 5.07% rental yield on a $639,000 purchase with $2,699/mo rent. 23% in year one. Equity gained on principal adds $4,123/yr while 5% annual appreciation supports $176,544 over five years. Portfolio math shows five-year ROI at 66.9% and total cumulative return in cash at $140,644. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,699/mo property income against a $3,128/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1962
1.47 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28752, Marion, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,281 (100%) |
| Owner Occupied HU | 8,731 (61.1%) |
| Renter Occupied HU | 3,542 (24.8%) |
| Vacant Housing Units | 2,008 (14.1%) |
| Median Home Value | $224,806 |
| Average Home Value | $296,949 |
Housing Distribution
Address Breakdown
Residential
12,672
Single Family
12,566
Multi-Family
106
Businesses
1,046
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Listed by: Will Buckner • Gray Buckner Real Estate LLC
Mls Name: High Country AOR
Mls ID: #257454