663 Landrum RdColumbusNC28722
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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 Columbus at 663 Landrum Rd, Columbus, NC, 28722 with 5% annual appreciation on a $450,000 basis while $2,503/mo rent supports operations. 98% in year one. Equity gained on principal adds $2,904/yr, and five-year appreciation sums $124,327 alongside rental yield of 6.67%. Five-year ROI measures 92.35% and total cumulative return in cash totals $137,766. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,503/mo property income versus a $2,203/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2009
5 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28722, Columbus, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,524 (100%) |
| Owner Occupied HU | 2,164 (61.4%) |
| Renter Occupied HU | 756 (21.5%) |
| Vacant Housing Units | 604 (17.1%) |
| Median Home Value | $389,694 |
| Average Home Value | $475,416 |
Housing Distribution
Address Breakdown
Residential
3,159
Single Family
2,751
Multi-Family
408
Businesses
353
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Listed by: Debi Morris • Century 21 Mountain Lifestyles/S. Hend
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4315052