204 Prevatte StLumbertonNC28358
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 Lumberton at 204 Prevatte St, Lumberton, NC, 28358 with 5% annual appreciation on a $110,000 basis while $874/mo rent supports operations. Total monthly income totals $874/mo and a $538/mo payment preserves $204/mo for cash returns. Annual cash flow comes to $2,448/yr on $36,465 deployed, and return on cash invested reaches 26.62% in year one. Equity gained on principal adds $710/yr, and five-year appreciation sums $30,391 alongside rental yield of 9.53%. Five-year ROI measures 138.71% and total cumulative return in cash totals $50,580.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $874/mo property income versus a $538/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1960
0.32 Acres 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: DIANA JONES • KELLER WILLIAMS REALTY (FAYETTEVILLE)
Mls Name: LPRMLS
Mls ID: #748526