212 S Upright StLandisNC28088
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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 Landis at 212 S Upright St, Landis, NC, 28088 with 5% annual appreciation on a $119,900 basis while $961/mo rent supports operations. Total monthly income totals $961/mo and a $587/mo payment preserves $230/mo for cash returns. Annual cash flow comes to $2,761/yr on $39,747 deployed, and return on cash invested reaches 26.86% in year one. Equity gained on principal adds $774/yr, and five-year appreciation sums $33,126 alongside rental yield of 9.62%. Five-year ROI measures 140.09% and total cumulative return in cash totals $55,680.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $961/mo property income versus a $587/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Manufactured
Built in 1999
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28088, Landis, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,635 (100%) |
| Owner Occupied HU | 1,131 (69.2%) |
| Renter Occupied HU | 379 (23.2%) |
| Vacant Housing Units | 125 ( 7.6%) |
| Median Home Value | $324,240 |
| Average Home Value | $334,127 |
Housing Distribution
Address Breakdown
Residential
1,450
Single Family
1,450
Multi-Family
0
Businesses
134
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Listed by: Cynthia Hegler • Southern Home Group Realty LLC
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4331655