3785 Kale DrLumbertonNC28358
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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
Rental property for sale in Lumberton at 3785 Kale Dr, Lumberton, NC, 28358 priced at $280,000 converts $2,300/mo rent into $594/mo cash flow after a $1,370/mo obligation. Total monthly income equals $2,300/mo, and annual cash flow totals $7,128/yr on $92,820 invested. Return on cash invested prints 27.59% in year one, and rental yield reads 9.86% against a $280,000 entry. Equity gained on principal adds $1,807/yr, while 5% annual appreciation compiles into $77,359 by year five. Five-year ROI reaches 143.89% and total cumulative return in cash sums $133,557. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,300/mo property income covering a $1,370/mo payment, not borrower’s personal income.
Single Family
Built in 1987
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28358, Lumberton, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,182 (100%) |
| Owner Occupied HU | 7,971 (52.5%) |
| Renter Occupied HU | 5,246 (34.6%) |
| Vacant Housing Units | 1,965 (12.9%) |
| Median Home Value | $130,097 |
| Average Home Value | $180,703 |
Housing Distribution
Address Breakdown
Residential
15,256
Single Family
13,674
Multi-Family
1,582
Businesses
1,406
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Listed by: BRITTANY KEATING • EXP REALTY LLC
Mls Name: LPRMLS
Mls Provider:
Mls ID: #727672
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.