3044 Ora Smith 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
Investment property for sale in Lincolnton at 3044 Ora Smith Rd, Lincolnton, NC, 28092 with 5% annual appreciation on a $331,990 basis while $2,358/mo rent supports operations. Total monthly income totals $2,358/mo and a $1,625/mo payment preserves $274/mo for cash returns. Annual cash flow comes to $3,285/yr on $110,055 deployed, and return on cash invested reaches 22.89% in year one. Equity gained on principal adds $2,142/yr, and five-year appreciation sums $91,723 alongside rental yield of 8.52%. Five-year ROI measures 118.97% and total cumulative return in cash totals $130,931.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,358/mo property income versus a $1,625/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2025
0.11 Acres lot
$N/A/sqft
$365 semi-annually HOA
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Listed by: Maria Wilhelm • DR Horton Inc
Mls Name: Canopy MLS as distributed by MLS GRID
Mls Provider:
Mls ID: #4237983
Disclaimer: Based on information submitted to the MLS GRID as of 2025-03-24 08:53:04 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. [Click here for more information](/mls-disclaimers/#87)