210 Lake Place Condo DrElizabethtownNC28337
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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 Elizabethtown at 210 Lake Place Condo Dr, Elizabethtown, NC, 28337 priced at $155,900 pairs $1,186/mo rent with after a $763/mo payment. Total monthly income equals $1,186/mo. Return on cash invested is 19.58% in year one, and rental yield stands at 9.13% on a $155,900 basis. Equity gained on principal adds $1,006/yr, and 5% annual appreciation accumulates to $43,072 by year five. Five-year ROI measures 103.07% and total cumulative return in cash reaches $53,266. For financing, Ziffy Mortgage’s DSCR program evaluates $1,186/mo property income against a $763/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in N/A
N/A lot
$N/A/sqft
$250 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28337, Elizabethtown, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,345 (100%) |
| Owner Occupied HU | 2,624 (49.1%) |
| Renter Occupied HU | 1,358 (25.4%) |
| Vacant Housing Units | 1,363 (25.5%) |
| Median Home Value | $234,913 |
| Average Home Value | $263,846 |
Housing Distribution
Address Breakdown
Residential
4,199
Single Family
4,078
Multi-Family
121
Businesses
476
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Listed by: N/A • N/A
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