188 Lockwood DrCameronNC28326
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 Cameron at 188 Lockwood Dr, Cameron, NC, 28326 with 5% annual appreciation on a $355,000 basis while $2,372/mo rent supports operations. Total monthly income totals $2,372/mo and a $1,738/mo payment preserves $208/mo for cash returns. Annual cash flow comes to $2,496/yr on $117,683 deployed, and return on cash invested reaches 22.03% in year one. Equity gained on principal adds $2,291/yr, and five-year appreciation sums $98,080 alongside rental yield of 8.02%. Five-year ROI measures 114.08% and total cumulative return in cash totals $134,256.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,372/mo property income versus a $1,738/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2013
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28326, Cameron, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,680 (100%) |
| Owner Occupied HU | 5,518 (57.0%) |
| Renter Occupied HU | 3,339 (34.5%) |
| Vacant Housing Units | 823 ( 8.5%) |
| Median Home Value | $299,340 |
| Average Home Value | $324,720 |
Housing Distribution
Address Breakdown
Residential
9,269
Single Family
9,041
Multi-Family
228
Businesses
212
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: TERESA WOLF • ERA STROTHER REAL ESTATE #5
Mls Name: LPRMLS
Mls Provider:
Mls ID: #733720
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.