205 Hookbill Ln LOT 17LillingtonNC27546
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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
Investment property for sale in Lillington at 205 Hookbill Ln LOT 17, Lillington, NC, 27546 listed at $324,706 pairs $2,159/mo rent with a $1,589/mo payment to leave $180/mo cash flow. Total monthly income runs $2,159/mo, and annual cash flow reaches $2,164/yr on $107,640 cash to close. Return on cash invested measures 21.92% in year one, and rental yield registers 7.98% at a $324,706 basis. Equity gained on principal adds $2,095/yr, and annual property appreciation at 5% supports $89,710 by year five. Five-year ROI tracks 113.54% and total cumulative return in cash totals $122,213. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,159/mo property income relative to a $1,589/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2025
0.46 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27546, Lillington, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,340 (100%) |
| Owner Occupied HU | 5,690 (60.9%) |
| Renter Occupied HU | 2,571 (27.5%) |
| Vacant Housing Units | 1,079 (11.6%) |
| Median Home Value | $323,477 |
| Average Home Value | $334,710 |
Housing Distribution
Address Breakdown
Residential
8,659
Single Family
8,060
Multi-Family
599
Businesses
536
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Listed by: April Stephens • eXp Realty, LLC - C
Mls Name: Doorify MLS
Mls ID: #10121552