413 S Edwards StLincolntonNC28092
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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 Lincolnton at 413 S Edwards St, Lincolnton, NC, 28092 uses $57,350 cash to close to unlock $4,333/yr annual cash flow and $361/mo monthly cash flow. Total monthly income runs $1,422/mo, and a $847/mo payment keeps the spread at $361/mo. Purchase price stands at $173,000, and rental yield measures 9.86% with $1,422/mo rent. Return on cash invested shows 27.46% in year one, and 5% annual appreciation builds toward $47,797 over five years. Five-year ROI reaches 143.38% and total cumulative return in cash records $82,227. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,422/mo property income covering a $847/mo payment rather than investor’s personal income.
Multi Family
Built in 1925
0.21 Acres lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices
Listed by: Mylena Kaseman • Wilson Realty
Mls Name: Canopy MLS as distributed by MLS GRID
Mls Provider:
Mls ID: #4197980
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