304 New Hope RdLawndaleNC28090
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
Investment property for sale in Lawndale at 304 New Hope Rd, Lawndale, NC, 28090 at $175,000 posts ROI 26.22% with $305/mo cash flow from $1,372/mo rent. Total monthly income equals $1,372/mo, and annual cash flow records $3,660/yr on $58,013 to close. Return on cash invested measures 26.22% and rental yield reads 9.41% at the current $175,000. Equity gained on principal adds $1,129/yr, and 5% annual appreciation supports $48,349 by year five. Five-year ROI prints 136.53% and total cumulative return in cash totals $79,207.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,372/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Manufactured
Built in 2001
0.60 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28090, Lawndale, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,012 (100%) |
| Owner Occupied HU | 2,708 (67.5%) |
| Renter Occupied HU | 830 (20.7%) |
| Vacant Housing Units | 474 (11.8%) |
| Median Home Value | $221,971 |
| Average Home Value | $250,305 |
Housing Distribution
Address Breakdown
Residential
3,220
Single Family
3,220
Multi-Family
0
Businesses
117
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Nearby investment properties with comparable prices
Listed by: Brent Heavner • Premier South
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4331492