2261 Lincolnshire LnWaxhawNC28173
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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
Total monthly income runs $2,472/mo, and a $2,203/mo payment. Purchase price stands at $450,000, and rental yield measures 6.59% with $2,472/mo rent. Return on cash invested shows 17.73% in year one, and 5% annual appreciation builds toward $124,327 over five years. Five-year ROI reaches 91.02% and total cumulative return in cash records $135,786. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,472/mo property income covering a $2,203/mo payment rather than investor’s personal income.
Single Family
Built in 2020
0.15 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28173, Waxhaw, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,726 (100%) |
| Owner Occupied HU | 19,959 (87.8%) |
| Renter Occupied HU | 2,103 ( 9.3%) |
| Vacant Housing Units | 664 ( 2.9%) |
| Median Home Value | $607,943 |
| Average Home Value | $684,101 |
Housing Distribution
Address Breakdown
Residential
22,303
Single Family
22,303
Multi-Family
0
Businesses
821
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Listed by: Calla Wilcox • Helen Adams Realty
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4268622