70 Summerville CtLillingtonNC27546
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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 Lillington at 70 Summerville Ct, Lillington, NC, 27546 offers a 6.67% rental yield on a $549,000 purchase with $3,051/mo rent. 1% in year one. Equity gained on principal adds $3,543/yr while 5% annual appreciation supports $151,679 over five years. Portfolio math shows five-year ROI at 93.01% and total cumulative return in cash at $167,996. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,051/mo property income against a $2,687/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1990
1.67 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: Teresa Suitt • Intracoastal Realty Corp
Mls Name: Doorify MLS
Mls ID: #10107244