580 Lakeland DriveKinstonNC28504
INVESTMENT ANALYSIS
Investment Verdict
Solid Income580 Lakeland Drive, Kinston, NC, 28504 in Kinston carries a 1.52 coverage ratio, rent of $1,541/mo is 1.52 times the $1,012/mo payment. Rental yield 8.22%. That margin gives both the investor and Ziffy Mortgage's DSCR underwriting a comfortable buffer at a $225,000 acquisition price. No U.S. credit or income documentation required. Five-year appreciation adds $62,163; total projected cumulative return: $73,032.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 8.2% | 6.2% |
| Monthly Cash Flow | $(216) | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $1,541 |
| Total Monthly Debt Service | $1,667 |
| DSCR Ratio | 0.92x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Townhouse
Built in 2003
3,484 sqft lot
$N/A/sqft
$3,900 annually HOA
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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
Townhouse
Built in 2003
3,484 sqft lot
$N/A/sqft
$3,900 annually HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices