2641 Southside RdLincolntonNC28092
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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 Lincolnton at 2641 Southside Rd, Lincolnton, NC, 28092 uses $49,692 cash to close to unlock $5,977/yr annual cash flow and $498/mo monthly cash flow. Total monthly income runs $1,412/mo, and a $734/mo payment keeps the spread at $498/mo. Purchase price stands at $149,900, and rental yield measures 11.3% with $1,412/mo rent. Return on cash invested shows 31.94% in year one, and 5% annual appreciation builds toward $41,415 over five years. Five-year ROI reaches 167.32% and total cumulative return in cash records $83,147. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,412/mo property income covering a $734/mo payment rather than investor’s personal income.
Single Family
Built in 1963
0.75 Acres lot
$N/A/sqft
No HOA
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Listed by: Jeanette Marr • Buddy Harper Team Realty
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4300053