256 Godwin Gate St LOT 54LindenNC28356
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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 Linden at 256 Godwin Gate St LOT 54, Linden, NC, 28356 generates $2,640/mo in rent and, after a $1,649/mo payment, leaves $555/mo in cash flow. Total monthly income is $2,640/mo, and annual cash flow is $6,666/yr on $111,682 invested. Return on cash invested sits at 25.88% in year one, and rental yield is 9.4% on a $336,900 entry. Equity gained on principal adds $2,174/yr, while 5% annual appreciation builds toward $93,079 over five years. Five-year ROI reaches 134.85% and total cumulative return in cash sums $150,605. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,640/mo property income rather than buyer’s personal income.
Single Family
Built in 2024
0.47 Acres lot
$N/A/sqft
$375 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28356, Linden, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,390 (100%) |
| Owner Occupied HU | 1,766 (73.9%) |
| Renter Occupied HU | 439 (18.4%) |
| Vacant Housing Units | 185 ( 7.7%) |
| Median Home Value | $302,226 |
| Average Home Value | $313,153 |
Housing Distribution
Address Breakdown
Residential
2,165
Single Family
2,165
Multi-Family
0
Businesses
48
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Listed by: TIER ONE REAL ESTATE SERVICES • COLDWELL BANKER ADVANTAGE - YADKIN ROAD
Mls Name: LPRMLS
Mls Provider:
Mls ID: #732482
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.