615 Hoke StLincolntonNC28092
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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 Lincolnton at 615 Hoke St, Lincolnton, NC, 28092 generates $2,256/mo in rent, after a $2,178/mo payment. Total monthly income is $2,256/mo. Return on cash invested sits at 16.2% in year one, and rental yield is 6.08% on a $445,000 entry. Equity gained on principal adds $2,872/yr, while 5% annual appreciation builds toward $122,945 over five years. Five-year ROI reaches 82.82% and total cumulative return in cash sums $122,168. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,256/mo property income rather than buyer’s personal income.
Single Family
Built in 2005
0.49 Acres lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices
Listed by: Ivory Craig • Premier South
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4332334