3329 Rian DrLenoirNC28645
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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 Lenoir at 3329 Rian Dr, Lenoir, NC, 28645 offers a 10.45% rental yield on a $294,000 purchase with $2,560/mo rent. Total monthly income registers $2,560/mo, and a $1,439/mo payment leaves $768/mo available for distribution. Annual cash flow reaches $9,218/yr on $97,461 to close, and return on cash invested stands at 29.37% in year one. Equity gained on principal adds $1,897/yr while 5% annual appreciation supports $81,227 over five years. Portfolio math shows five-year ROI at 153.48% and total cumulative return in cash at $149,580. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,560/mo property income against a $1,439/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2023
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28645, Lenoir, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,745 (100%) |
| Owner Occupied HU | 13,505 (62.1%) |
| Renter Occupied HU | 5,791 (26.6%) |
| Vacant Housing Units | 2,449 (11.3%) |
| Median Home Value | $210,906 |
| Average Home Value | $239,578 |
Housing Distribution
Address Breakdown
Residential
20,028
Single Family
19,699
Multi-Family
329
Businesses
1,303
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Listed by: N/A • N/A
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