3478 E State Highway 150LincolntonNC28092
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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 3478 E State Highway 150, Lincolnton, NC, 28092 uses $79,560 cash to close to unlock $1,500/yr annual cash flow and $125/mo monthly cash flow. Total monthly income runs $1,588/mo, and a $1,175/mo payment keeps the spread at $125/mo. Purchase price stands at $240,000, and rental yield measures 7.94% with $1,588/mo rent. Return on cash invested shows 21.79% in year one, and 5% annual appreciation builds toward $66,308 over five years. Five-year ROI reaches 112.82% and total cumulative return in cash records $89,762. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,588/mo property income covering a $1,175/mo payment rather than investor’s personal income.
Single Family
Built in 1948
0.78 Acres lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices
Listed by: Liza Stewart • Gilleland Realty Inc
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4322809