60 Lemon Drop LnFranklintonNC27525
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 Franklinton at 60 Lemon Drop Ln, Franklinton, NC, 27525 priced at $443,600 pairs $2,640/mo rent with after a $2,171/mo payment. Total monthly income equals $2,640/mo. Return on cash invested is 19.22% in year one, and rental yield stands at 7.14% on a $443,600 basis. Equity gained on principal adds $2,862/yr, and 5% annual appreciation accumulates to $122,559 by year five. Five-year ROI measures 99.08% and total cumulative return in cash reaches $145,704. For financing, Ziffy Mortgage’s DSCR program evaluates $2,640/mo property income against a $2,171/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2024
0.92 Acres lot
$N/A/sqft
$250 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27525, Franklinton, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,436 (100%) |
| Owner Occupied HU | 6,513 (77.2%) |
| Renter Occupied HU | 1,460 (17.3%) |
| Vacant Housing Units | 463 ( 5.5%) |
| Median Home Value | $299,711 |
| Average Home Value | $319,419 |
Housing Distribution
Address Breakdown
Residential
7,989
Single Family
7,893
Multi-Family
96
Businesses
271
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Nearby investment properties with comparable prices
Listed by: Hanan Wail Jaber • Adams Homes Realty- NC Inc
Mls Name: Doorify MLS
Mls Provider:
Mls ID: #10043289
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