450 Lyman RdSalemburgNC28385
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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 Salemburg at 450 Lyman Rd, Salemburg, NC, 28385 listed at $305,000 pairs $2,413/mo rent with a $1,493/mo payment to leave $554/mo cash flow. Total monthly income runs $2,413/mo, and annual cash flow reaches $6,648/yr on $101,108 cash to close. Return on cash invested measures 26.48% in year one, and rental yield registers 9.49% at a $305,000 basis. Equity gained on principal adds $1,968/yr, and annual property appreciation at 5% supports $84,266 by year five. Five-year ROI tracks 137.96% and total cumulative return in cash totals $139,486. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,413/mo property income relative to a $1,493/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2011
3.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28385, Salemburg, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,199 (100%) |
| Owner Occupied HU | 808 (67.4%) |
| Renter Occupied HU | 253 (21.1%) |
| Vacant Housing Units | 138 (11.5%) |
| Median Home Value | $161,111 |
| Average Home Value | $192,877 |
Housing Distribution
Address Breakdown
Residential
1,088
Single Family
1,088
Multi-Family
0
Businesses
40
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Listed by: KIMBERLY COOK ELMORE • KELLER WILLIAMS REALTY (FAYETTEVILLE)
Mls Name: LPRMLS
Mls Provider:
Mls ID: #742906
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.