3842 Harris Creek RdLawndaleNC28090
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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
Total monthly income runs $2,588/mo, and a $2,129/mo payment. Purchase price stands at $435,000, and rental yield measures 7.14% with $2,588/mo rent. Return on cash invested shows 19.38% in year one, and 5% annual appreciation builds toward $120,182 over five years. Five-year ROI reaches 99.89% and total cumulative return in cash records $144,048. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,588/mo property income covering a $2,129/mo payment rather than investor’s personal income.
Single Family
Built in 2006
8 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28090, Lawndale, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,012 (100%) |
| Owner Occupied HU | 2,708 (67.5%) |
| Renter Occupied HU | 830 (20.7%) |
| Vacant Housing Units | 474 (11.8%) |
| Median Home Value | $221,971 |
| Average Home Value | $250,305 |
Housing Distribution
Address Breakdown
Residential
3,220
Single Family
3,220
Multi-Family
0
Businesses
117
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Listed by: Emily Macon • Robert Greene Real Estate, Inc
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4286300