532 Joe Collins RdLillingtonNC27546
Nearby investment properties with comparable rents
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
Rental property for sale in Lillington at 532 Joe Collins Rd, Lillington, NC, 27546 offers $2,406/mo rent that, after a $2,959/mo payment. Total monthly income is $2,406/mo. Return on cash invested measures 12.35% in year one, and rental yield stands at 4.78% at a $604,600 entry. Equity gained on principal adds $3,901/yr while 5% annual appreciation compounds into $167,040 by year five. Five-year ROI records 62.14% and total cumulative return in cash reaches $123,604. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,406/mo property income versus a $2,959/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Home Type Unknown
Built in 2013
1.06 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27546, Lillington, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,340 (100%) |
| Owner Occupied HU | 5,690 (60.9%) |
| Renter Occupied HU | 2,571 (27.5%) |
| Vacant Housing Units | 1,079 (11.6%) |
| Median Home Value | $323,477 |
| Average Home Value | $334,710 |
Housing Distribution
Address Breakdown
Residential
8,659
Single Family
8,060
Multi-Family
599
Businesses
536
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A