300 Doub RdLewisvilleNC27023
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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 Lewisville at 300 Doub Rd, Lewisville, NC, 27023 offers $2,161/mo rent that, after a $2,125/mo payment. Total monthly income is $2,161/mo. Return on cash invested measures 15.87% in year one, and rental yield stands at 5.97% at a $434,200 entry. Equity gained on principal adds $2,802/yr while 5% annual appreciation compounds into $119,961 by year five. Five-year ROI records 81.03% and total cumulative return in cash reaches $116,629. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,161/mo property income versus a $2,125/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1984
0.59 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27023, Lewisville, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,965 (100%) |
| Owner Occupied HU | 4,746 (79.6%) |
| Renter Occupied HU | 816 (13.7%) |
| Vacant Housing Units | 403 ( 6.8%) |
| Median Home Value | $391,092 |
| Average Home Value | $494,701 |
Housing Distribution
Address Breakdown
Residential
5,550
Single Family
5,243
Multi-Family
307
Businesses
370
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Listed by: N/A • N/A
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