28 Galloway DrLumbertonNC28358
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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 Lumberton at 28 Galloway Dr, Lumberton, NC, 28358 with 5% annual appreciation on a $192,000 basis while $1,366/mo rent supports operations. Total monthly income totals $1,366/mo and a $940/mo payment preserves $196/mo for cash returns. Annual cash flow comes to $2,347/yr on $63,648 deployed, and return on cash invested reaches 23.6% in year one. Equity gained on principal adds $1,239/yr, and five-year appreciation sums $53,046 alongside rental yield of 8.54%. Five-year ROI measures 122.54% and total cumulative return in cash totals $77,992.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,366/mo property income versus a $940/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Manufactured
Built in 2021
1.08 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28358, Lumberton, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,182 (100%) |
| Owner Occupied HU | 7,971 (52.5%) |
| Renter Occupied HU | 5,246 (34.6%) |
| Vacant Housing Units | 1,965 (12.9%) |
| Median Home Value | $130,097 |
| Average Home Value | $180,703 |
Housing Distribution
Address Breakdown
Residential
15,256
Single Family
13,674
Multi-Family
1,582
Businesses
1,406
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Listed by: MEGAN PETERS • COLDWELL BANKER ADVANTAGE - FAYETTEVILLE
Mls Name: LPRMLS
Mls ID: #751874