189 Lochshire LnWoodleafNC27054
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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
Rental property for sale in Woodleaf at 189 Lochshire Ln, Woodleaf, NC, 27054 offers $1,938/mo rent that, after a $1,248/mo payment, leaves $384/mo cash flow. Total monthly income is $1,938/mo, and annual cash flow is $4,608/yr on $84,533 cash. Return on cash invested measures 25.36% in year one, and rental yield stands at 9.12% at a $255,000 entry. Equity gained on principal adds $1,645/yr while 5% annual appreciation compounds into $70,452 by year five. Five-year ROI records 131.94% and total cumulative return in cash reaches $111,536. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,938/mo property income versus a $1,248/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2002
0.47 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27054, Woodleaf, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,173 (100%) |
| Owner Occupied HU | 864 (73.7%) |
| Renter Occupied HU | 226 (19.3%) |
| Vacant Housing Units | 83 ( 7.1%) |
| Median Home Value | $241,613 |
| Average Home Value | $344,630 |
Housing Distribution
Address Breakdown
Residential
1,037
Single Family
1,037
Multi-Family
0
Businesses
70
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Listed by: Mechelle Kuld • TMR Realty, Inc.
Mls Name: Triad MLS
Mls ID: #1184644