205 Hershel Lackey Rd, Lincolnton, NC, 28092 | 5.59% Rental Yield

For Sale

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NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Lincolnton at 205 Hershel Lackey Rd, Lincolnton, NC, 28092 priced at $350,000 pairs $1,630/mo rent with after a $1,713/mo payment. Total monthly income equals $1,630/mo. Return on cash invested is 14.71% in year one, and rental yield stands at 5.59% on a $350,000 basis. Equity gained on principal adds $2,258/yr, and 5% annual appreciation accumulates to $96,699 by year five. Five-year ROI measures 74.8% and total cumulative return in cash reaches $86,786. For financing, Ziffy Mortgage’s DSCR program evaluates $1,630/mo property income against a $1,713/mo payment instead of your W2s, 1099s, or Tax returns.

Single Family

Built in 2019

2.85 Acres lot

$N/A/sqft

No HOA