206 E 10th StreetLumbertonNC28358
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 206 E 10th Street, Lumberton, NC, 28358 listed at $199,900 pairs $1,501/mo rent with a $978/mo payment to leave $283/mo cash flow. Total monthly income runs $1,501/mo, and annual cash flow reaches $3,397/yr on $66,267 cash to close. Return on cash invested measures 25.04% in year one, and rental yield registers 9.01% at a $199,900 basis. Equity gained on principal adds $1,290/yr, and annual property appreciation at 5% supports $55,229 by year five. Five-year ROI tracks 130.27% and total cumulative return in cash totals $86,329. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,501/mo property income relative to a $978/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1940
7,840 sqft 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: Natalie D Lewis • Lewis Realty
Mls Name: Hive MLS
Mls ID: #100533168