6922 Great Swamp LoopLucamaNC27851
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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
Investment property for sale in Lucama at 6922 Great Swamp Loop, Lucama, NC, 27851 offers a 7.42% rental yield on a $254,900 purchase with $1,576/mo rent. Total monthly income registers $1,576/mo, and a $1,248/mo payment leaves $22/mo available for distribution. Annual cash flow reaches $265/yr on $84,499 to close, and return on cash invested stands at 20.22% in year one. Equity gained on principal adds $1,645/yr while 5% annual appreciation supports $70,424 over five years. Portfolio math shows five-year ROI at 104.44% and total cumulative return in cash at $88,248. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,576/mo property income against a $1,248/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 2000
0.57 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27851, Lucama, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,341 (100%) |
| Owner Occupied HU | 1,532 (65.4%) |
| Renter Occupied HU | 511 (21.8%) |
| Vacant Housing Units | 298 (12.7%) |
| Median Home Value | $240,802 |
| Average Home Value | $245,692 |
Housing Distribution
Address Breakdown
Residential
1,953
Single Family
1,953
Multi-Family
0
Businesses
64
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Listed by: Brian S Hargrove • Grow Local Realty LLC
Mls Name: Hive MLS
Mls ID: #100547312