2627 Ball Park RdLawndaleNC28090
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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 Lawndale at 2627 Ball Park Rd, Lawndale, NC, 28090 offers a 20.95% rental yield on a $147,068 purchase with $2,568/mo rent. Total monthly income registers $2,568/mo, and a $720/mo payment leaves $1,671/mo available for distribution. Annual cash flow reaches $20,051/yr on $48,753 to close, and return on cash invested stands at 61.04% in year one. Equity gained on principal adds $949/yr while 5% annual appreciation supports $40,632 over five years. Portfolio math shows five-year ROI at 323.27% and total cumulative return in cash at $157,605. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,568/mo property income against a $720/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1968
16 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28090, Lawndale, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,012 (100%) |
| Owner Occupied HU | 2,708 (67.5%) |
| Renter Occupied HU | 830 (20.7%) |
| Vacant Housing Units | 474 (11.8%) |
| Median Home Value | $221,971 |
| Average Home Value | $250,305 |
Housing Distribution
Address Breakdown
Residential
3,220
Single Family
3,220
Multi-Family
0
Businesses
117
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