2202 Odum RdLumbertonNC28360
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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
Investment property for sale in Lumberton at 2202 Odum Rd, Lumberton, NC, 28360 uses $65,471 cash to close to unlock $6,000/yr annual cash flow and $500/mo monthly cash flow. Total monthly income runs $1,704/mo, and a $967/mo payment keeps the spread at $500/mo. Purchase price stands at $197,500, and rental yield measures 10.35% with $1,704/mo rent. Return on cash invested shows 29.07% in year one, and 5% annual appreciation builds toward $54,566 over five years. Five-year ROI reaches 151.84% and total cumulative return in cash records $99,411. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,704/mo property income covering a $967/mo payment rather than investor’s personal income.
Manufactured
Built in 1994
2.13 Acres lot
$N/A/sqft
No HOA
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Listed by: TERESA HORNE • GRANT-MURRAY HOMES
Mls Name: LPRMLS
Mls Provider:
Mls ID: #747671
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