205 Brooke RunLumber BridgeNC28357
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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 Lumber Bridge at 205 Brooke Run, Lumber Bridge, NC, 28357 priced at $285,000 pairs $2,219/mo rent with $482/mo cash flow after a $1,395/mo payment. Total monthly income equals $2,219/mo, and annual cash flow comes to $5,784/yr on $94,478 invested. Return on cash invested is 26.03% in year one, and rental yield stands at 9.34% on a $285,000 basis. Equity gained on principal adds $1,839/yr, and 5% annual appreciation accumulates to $78,740 by year five. Five-year ROI measures 135.53% and total cumulative return in cash reaches $128,046. For financing, Ziffy Mortgage’s DSCR program evaluates $2,219/mo property income against a $1,395/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1999
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28357, Lumber Bridge, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,159 (100%) |
| Owner Occupied HU | 798 (68.9%) |
| Renter Occupied HU | 250 (21.6%) |
| Vacant Housing Units | 111 ( 9.6%) |
| Median Home Value | $125,000 |
| Average Home Value | $208,155 |
Housing Distribution
Address Breakdown
Residential
1,139
Single Family
1,139
Multi-Family
0
Businesses
39
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Listed by: LISA CASEY • BHHS ALL AMERICAN HOMES #2
Mls Name: LPRMLS
Mls ID: #754435