481 Lincoln StCramertonNC28032
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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 Cramerton at 481 Lincoln St, Cramerton, NC, 28032 uses $61,328 cash to close to unlock $6,732/yr annual cash flow and $561/mo monthly cash flow. Total monthly income runs $1,688/mo, and a $905/mo payment keeps the spread at $561/mo. Purchase price stands at $185,000, and rental yield measures 10.95% with $1,688/mo rent. Return on cash invested shows 30.89% in year one, and 5% annual appreciation builds toward $51,112 over five years. Five-year ROI reaches 161.57% and total cumulative return in cash records $99,087. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,688/mo property income covering a $905/mo payment rather than investor’s personal income.
Single Family
Built in 1926
0.11 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28032, Cramerton, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,687 (100%) |
| Owner Occupied HU | 1,102 (65.3%) |
| Renter Occupied HU | 462 (27.4%) |
| Vacant Housing Units | 123 ( 7.3%) |
| Median Home Value | $360,308 |
| Average Home Value | $425,286 |
Housing Distribution
Address Breakdown
Residential
1,612
Single Family
1,572
Multi-Family
40
Businesses
127
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Listed by: Joe Rempson • T. R. Lawing Realty, Inc.
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4338230