426 Huntington Woods Street SELenoirNC28645
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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 Lenoir at 426 Huntington Woods Street SE, Lenoir, NC, 28645 priced at $579,900 converts $1,696/mo rent into after a $2,838/mo obligation. Total monthly income equals $1,696/mo. Return on cash invested prints 8.5% in year one, and rental yield reads 3.51% against a $579,900 entry. Equity gained on principal adds $3,742/yr, while 5% annual appreciation compiles into $160,216 by year five. Five-year ROI reaches 41.52% and total cumulative return in cash sums $79,213. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,696/mo property income covering a $2,838/mo payment, not borrower’s personal income.
Single Family
Built in 2026
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28645, Lenoir, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,745 (100%) |
| Owner Occupied HU | 13,505 (62.1%) |
| Renter Occupied HU | 5,791 (26.6%) |
| Vacant Housing Units | 2,449 (11.3%) |
| Median Home Value | $210,906 |
| Average Home Value | $239,578 |
Housing Distribution
Address Breakdown
Residential
20,028
Single Family
19,699
Multi-Family
329
Businesses
1,303
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Listed by: Marianna Geyer • 828 Real Estate Services
Mls Name: High Country AOR
Mls ID: #259446