3528 Lamplight DrRandlemanNC27317
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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 Randleman at 3528 Lamplight Dr, Randleman, NC, 27317 offers a 7.96% rental yield on a $264,900 purchase with $1,757/mo rent. Total monthly income registers $1,757/mo, and a $1,297/mo payment leaves $142/mo available for distribution. Annual cash flow reaches $1,705/yr on $87,814 to close, and return on cash invested stands at 21.85% in year one. Equity gained on principal adds $1,709/yr while 5% annual appreciation supports $73,187 over five years. Portfolio math shows five-year ROI at 113.17% and total cumulative return in cash at $99,380. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,757/mo property income against a $1,297/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2004
0.85 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27317, Randleman, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,680 (100%) |
| Owner Occupied HU | 5,332 (69.4%) |
| Renter Occupied HU | 1,916 (24.9%) |
| Vacant Housing Units | 432 ( 5.6%) |
| Median Home Value | $209,336 |
| Average Home Value | $246,020 |
Housing Distribution
Address Breakdown
Residential
7,335
Single Family
7,063
Multi-Family
272
Businesses
530
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Listed by: Katie Brown • Howard Hanna Allen Tate-Asheboro
Mls Name: Triad MLS
Mls ID: #1205659