335 Lancelot CtLindenNC28356
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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 Linden at 335 Lancelot Ct, Linden, NC, 28356 offers $2,648/mo rent that, after a $2,031/mo payment, leaves $119/mo cash flow. Total monthly income is $2,648/mo, and annual cash flow is $1,428/yr on $137,573 cash. Return on cash invested measures 20.95% in year one, and rental yield stands at 7.66% at a $415,000 entry. Equity gained on principal adds $2,678/yr while 5% annual appreciation compounds into $114,657 by year five. Five-year ROI records 108.28% and total cumulative return in cash reaches $148,965. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,648/mo property income versus a $2,031/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2007
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28356, Linden, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,390 (100%) |
| Owner Occupied HU | 1,766 (73.9%) |
| Renter Occupied HU | 439 (18.4%) |
| Vacant Housing Units | 185 ( 7.7%) |
| Median Home Value | $302,226 |
| Average Home Value | $313,153 |
Housing Distribution
Address Breakdown
Residential
2,165
Single Family
2,165
Multi-Family
0
Businesses
48
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Listed by: APRIL SMITH • NORTHGROUP REAL ESTATE
Mls Name: LPRMLS
Mls ID: #755463