404 Lane Tree DrGoldsboroNC27530
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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 Goldsboro at 404 Lane Tree Dr, Goldsboro, NC, 27530 offers a 8.27% rental yield on a $385,000 purchase with $2,654/mo rent. Total monthly income registers $2,654/mo, and a $1,884/mo payment leaves $308/mo available for distribution. Annual cash flow reaches $3,696/yr on $127,628 to close, and return on cash invested stands at 22.8% in year one. Equity gained on principal adds $2,484/yr while 5% annual appreciation supports $106,368 over five years. Portfolio math shows five-year ROI at 118.24% and total cumulative return in cash at $150,910. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,654/mo property income against a $1,884/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1999
0.88 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27530, Goldsboro, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,304 (100%) |
| Owner Occupied HU | 8,691 (50.2%) |
| Renter Occupied HU | 6,048 (35.0%) |
| Vacant Housing Units | 2,565 (14.8%) |
| Median Home Value | $225,861 |
| Average Home Value | $238,658 |
Housing Distribution
Address Breakdown
Residential
16,322
Single Family
16,165
Multi-Family
157
Businesses
1,241
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Listed by: Keith James Dion • Keller Williams Realty Cary
Mls Name: Doorify MLS
Mls ID: #10112171