3603 Ritchie Rd, Lincolnton, NC, 28092 | $278/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Lincolnton at 3603 Ritchie Rd, Lincolnton, NC, 28092 offers a 8.23% rental yield on a $362,000 purchase with $2,484/mo rent. Total monthly income registers $2,484/mo, and a $1,772/mo payment leaves $278/mo available for distribution. Annual cash flow reaches $3,331/yr on $120,003 to close, and return on cash invested stands at 22.68% in year one. Equity gained on principal adds $2,336/yr while 5% annual appreciation supports $100,014 over five years. Portfolio math shows five-year ROI at 117.61% and total cumulative return in cash at $141,133. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,484/mo property income against a $1,772/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 1999

0.65 Acres lot

$N/A/sqft

No HOA