60 Spiral Branch CtLindenNC28356
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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
Investment Highlights
Investment property for sale in Linden at 60 Spiral Branch Ct, Linden, NC, 28356 offers a 10.57% rental yield on a $238,500 purchase with $2,101/mo rent. Total monthly income registers $2,101/mo, and a $1,167/mo payment leaves $648/mo available for distribution. Annual cash flow reaches $7,774/yr on $79,063 to close, and return on cash invested stands at 29.74% in year one. Equity gained on principal adds $1,539/yr while 5% annual appreciation supports $65,893 over five years. Portfolio math shows five-year ROI at 155.45% and total cumulative return in cash at $122,903. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,101/mo property income against a $1,167/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1997
0.59 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28356, Linden, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,390 (100%) |
| Owner Occupied HU | 1,766 (73.9%) |
| Renter Occupied HU | 439 (18.4%) |
| Vacant Housing Units | 185 ( 7.7%) |
| Median Home Value | $302,226 |
| Average Home Value | $313,153 |
Housing Distribution
Address Breakdown
Residential
2,165
Single Family
2,165
Multi-Family
0
Businesses
48
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Listed by: SASQUATCH REAL ESTATE TEAM • SASQUATCH REAL ESTATE TEAM
Mls Name: LPRMLS
Mls Provider:
Mls ID: #734727
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.