2656 Lee Lawing 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
Rental property for sale in Lincolnton at 2656 Lee Lawing Rd, Lincolnton, NC, 28092 generates $2,992/mo in rent, after a $3,573/mo payment. Total monthly income is $2,992/mo. Return on cash invested sits at 12.79% in year one, and rental yield is 4.92% on a $729,900 entry. Equity gained on principal adds $4,710/yr, while 5% annual appreciation builds toward $201,658 over five years. Five-year ROI reaches 64.49% and total cumulative return in cash sums $154,867. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,992/mo property income rather than buyer’s personal income.
Single Family
Built in 2020
1.33 Acres lot
$N/A/sqft
No HOA
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Listed by: Jane McGill • Jane McGill Real Estate
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4322285