479 Swicegood Farms LnLinwoodNC27299
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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 Linwood at 479 Swicegood Farms Ln, Linwood, NC, 27299 offers $2,353/mo rent that, after a $1,933/mo payment. Total monthly income is $2,353/mo. Return on cash invested measures 19.42% in year one, and rental yield stands at 7.15% at a $394,900 entry. Equity gained on principal adds $2,548/yr while 5% annual appreciation compounds into $109,104 by year five. Five-year ROI records 100.1% and total cumulative return in cash reaches $131,039. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,353/mo property income versus a $1,933/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2019
0.55 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27299, Linwood, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,196 (100%) |
| Owner Occupied HU | 1,611 (73.4%) |
| Renter Occupied HU | 422 (19.2%) |
| Vacant Housing Units | 163 ( 7.4%) |
| Median Home Value | $265,625 |
| Average Home Value | $281,597 |
Housing Distribution
Address Breakdown
Residential
2,067
Single Family
2,067
Multi-Family
0
Businesses
110
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Listed by: Eddie R. Longbottom • Tri County Real Estate
Mls Name: Triad MLS
Mls ID: #1200334