3148 Ora Smith RdLincolntonNC28092
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 Lincolnton at 3148 Ora Smith Rd, Lincolnton, NC, 28092 generates $1,800/mo in rent, after a $1,363/mo payment. Total monthly income is $1,800/mo. Return on cash invested sits at 18.65% in year one, and rental yield is 7.76% on a $278,490 entry. Equity gained on principal adds $1,797/yr, while 5% annual appreciation builds toward $76,942 over five years. Five-year ROI reaches 96.89% and total cumulative return in cash sums $89,451. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,800/mo property income rather than buyer’s personal income.
Townhouse
Built in 2025
0.04 Acres lot
$N/A/sqft
$200 monthly HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Rochelle Campbell • DR Horton Inc
Mls Name: Canopy MLS as distributed by MLS GRID
Mls Provider:
Mls ID: #4216963
Disclaimer: Based on information submitted to the MLS GRID as of 2025-02-21 09:04:01 PST. 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](/info/mls-disclaimers/#mls_87)