30181 E Lake RoadWagramNC28396
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Wagram at 30181 E Lake Road, Wagram, NC, 28396 generates $2,690/mo in rent, after a $2,878/mo payment. Total monthly income is $2,690/mo. Return on cash invested sits at 14.52% in year one, and rental yield is 5.49% on a $588,000 entry. Equity gained on principal adds $3,794/yr, while 5% annual appreciation builds toward $162,454 over five years. Five-year ROI reaches 73.78% and total cumulative return in cash sums $142,728. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,690/mo property income rather than buyer’s personal income.
Single Family
Built in 2005
0.95 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28396, Wagram, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,153 (100%) |
| Owner Occupied HU | 765 (66.3%) |
| Renter Occupied HU | 239 (20.7%) |
| Vacant Housing Units | 149 (12.9%) |
| Median Home Value | $120,366 |
| Average Home Value | $206,637 |
Housing Distribution
Address Breakdown
Residential
1,057
Single Family
823
Multi-Family
234
Businesses
63
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Tammy Everett • LPT Realty
Mls Name: Hive MLS
Mls ID: #100550677