515 Lords WayAndrewsNC28901
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Nearby investment properties with comparable prices
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 Andrews at 515 Lords Way, Andrews, NC, 28901 earns $674/mo cash flow from $2,048/mo rent with a $1,003/mo payment. Total monthly income totals $2,048/mo, and annual cash flow totals $8,088/yr on $67,958 capital. ROI tracks 31.81% on current figures, and rental yield reads 11.99% at a $205,000 purchase. Equity gained on principal adds $1,323/yr, and 5% annual appreciation supports $56,638 over five years. Five-year ROI reaches 167.34% and total cumulative return in cash sums $113,718. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,048/mo property income instead of your personal income.
Single Family
Built in 1998
1.59 Acres lot
$N/A/sqft
$125 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28901, Andrews, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,005 (100%) |
| Owner Occupied HU | 1,686 (56.1%) |
| Renter Occupied HU | 624 (20.8%) |
| Vacant Housing Units | 695 (23.1%) |
| Median Home Value | $232,199 |
| Average Home Value | $249,720 |
Housing Distribution
Address Breakdown
Residential
1,798
Single Family
1,785
Multi-Family
13
Businesses
249
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Nearby investment properties with comparable prices
Listed by: Alaina Trull • Valleytown Realty
Mls Name: Mountain Lakes BOR
Mls Provider:
Mls ID: #153224
Disclaimer: Copyright Mountain Lakes Board of Realtors. All rights reserved. Information is deemed reliable but not guaranteed.