208 Vega LOT 42LindenNC28356
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 Linden at 208 Vega LOT 42, Linden, NC, 28356 earns $366/mo cash flow from $2,640/mo rent with a $1,801/mo payment. Total monthly income totals $2,640/mo, and annual cash flow totals $4,395/yr on $121,959 capital. ROI tracks 23.51% on current figures, and rental yield reads 8.61% at a $367,900 purchase. Equity gained on principal adds $2,374/yr, and 5% annual appreciation supports $101,644 over five years. Five-year ROI reaches 122.17% and total cumulative return in cash sums $148,998. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,640/mo property income instead of your personal income.
Single Family
Built in 2024
0.46 Acres lot
$N/A/sqft
$375 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28356, Linden, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,390 (100%) |
| Owner Occupied HU | 1,766 (73.9%) |
| Renter Occupied HU | 439 (18.4%) |
| Vacant Housing Units | 185 ( 7.7%) |
| Median Home Value | $302,226 |
| Average Home Value | $313,153 |
Housing Distribution
Address Breakdown
Residential
2,165
Single Family
2,165
Multi-Family
0
Businesses
48
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: TIER ONE REAL ESTATE SERVICES • COLDWELL BANKER ADVANTAGE - YADKIN ROAD
Mls Name: LPRMLS
Mls Provider:
Mls ID: #729141
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.