660 Big Windfall RdLansingNC28643
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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 Lansing at 660 Big Windfall Rd, Lansing, NC, 28643 offers $2,321/mo rent that, after a $1,592/mo payment, leaves $339/mo cash flow. Total monthly income is $2,321/mo, and annual cash flow is $4,064/yr on $107,837 cash. Return on cash invested measures 23.68% in year one, and rental yield stands at 8.56% at a $325,300 entry. Equity gained on principal adds $2,099/yr while 5% annual appreciation compounds into $89,874 by year five. Five-year ROI records 122.92% and total cumulative return in cash reaches $132,551. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,321/mo property income versus a $1,592/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1979
7.61 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28643, Lansing, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,116 (100%) |
| Owner Occupied HU | 1,248 (59.0%) |
| Renter Occupied HU | 282 (13.3%) |
| Vacant Housing Units | 586 (27.7%) |
| Median Home Value | $255,806 |
| Average Home Value | $352,007 |
Housing Distribution
Address Breakdown
Residential
1,689
Single Family
1,689
Multi-Family
0
Businesses
55
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