519 N State St,Lincolnton,NC,28092

Investment Highlights

Rental property for sale in Lincolnton at 519 N State St, Lincolnton, NC, 28092 offers $1,980/mo rent that, after a $1,370/mo payment, leaves $274/mo cash flow. Total monthly income is $1,980/mo, and annual cash flow is $3,289/yr on $92,787 cash. Return on cash invested measures 23.45% in year one, and rental yield stands at 8.49% at a $279,900 entry. Equity gained on principal adds $1,806/yr while 5% annual appreciation compounds into $77,331 by year five. Five-year ROI records 121.76% and total cumulative return in cash reaches $112,981. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,980/mo property income versus a $1,370/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.