63 Laforce LnBroadwayNC27546
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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
Rental property for sale in Broadway at 63 Laforce Ln, Broadway, NC, 27546 offers $2,159/mo rent that, after a $1,615/mo payment, leaves $148/mo cash flow. Total monthly income is $2,159/mo, and annual cash flow is $1,777/yr on $109,362 cash. Return on cash invested measures 21.53% in year one, and rental yield stands at 7.85% at a $329,900 entry. Equity gained on principal adds $2,129/yr while 5% annual appreciation compounds into $91,145 by year five. Five-year ROI records 111.49% and total cumulative return in cash reaches $121,923. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,159/mo property income versus a $1,615/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2025
0.49 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
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Listed by: DAYNE LUCK • LGI REALTY NC, LLC.
Mls Name: LPRMLS
Mls ID: #747872