217 Lambert RdBiscoeNC27209
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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
Rental property for sale in Biscoe at 217 Lambert Rd, Biscoe, NC, 27209 offers $1,993/mo rent that, after a $1,591/mo payment, leaves $12/mo cash flow. Total monthly income is $1,993/mo, and annual cash flow is $144/yr on $107,738 cash. Return on cash invested measures 20.04% in year one, and rental yield stands at 7.36% at a $325,000 entry. Equity gained on principal adds $2,097/yr while 5% annual appreciation compounds into $89,792 by year five. Five-year ROI records 103.43% and total cumulative return in cash reaches $111,433. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,993/mo property income versus a $1,591/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1964
3.88 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27209, Biscoe, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,668 (100%) |
| Owner Occupied HU | 1,017 (61.0%) |
| Renter Occupied HU | 452 (27.1%) |
| Vacant Housing Units | 199 (11.9%) |
| Median Home Value | $197,629 |
| Average Home Value | $235,659 |
Housing Distribution
Address Breakdown
Residential
1,203
Single Family
1,156
Multi-Family
47
Businesses
188
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Listed by: Kara Farrar • TKB Realty Group LLC
Mls Name: Triad MLS
Mls ID: #1197805