200 Londonderry DrLumbertonNC28358
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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 Lumberton at 200 Londonderry Dr, Lumberton, NC, 28358 offers $3,536/mo rent that, after a $1,738/mo payment, leaves $1,372/mo cash flow. Total monthly income is $3,536/mo, and annual cash flow is $16,464/yr on $117,683 cash. Return on cash invested measures 33.9% in year one, and rental yield stands at 11.95% at a $355,000 entry. Equity gained on principal adds $2,291/yr while 5% annual appreciation compounds into $98,080 by year five. Five-year ROI records 177.73% and total cumulative return in cash reaches $209,160. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,536/mo property income versus a $1,738/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1987
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28358, Lumberton, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,182 (100%) |
| Owner Occupied HU | 7,971 (52.5%) |
| Renter Occupied HU | 5,246 (34.6%) |
| Vacant Housing Units | 1,965 (12.9%) |
| Median Home Value | $130,097 |
| Average Home Value | $180,703 |
Housing Distribution
Address Breakdown
Residential
15,256
Single Family
13,674
Multi-Family
1,582
Businesses
1,406
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Listed by: GIUSEPPE "JOE" TERRANOVA • RE/MAX REAL ESTATE EXCHANGE
Mls Name: LPRMLS
Mls Provider:
Mls ID: #749448
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.