710 River Hills RoadLansingNC28643
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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 710 River Hills Road, Lansing, NC, 28643 generates $2,986/mo in rent, after a $2,521/mo payment. Total monthly income is $2,986/mo. Return on cash invested sits at 18.77% in year one, and rental yield is 6.96% on a $515,000 entry. Equity gained on principal adds $3,323/yr, while 5% annual appreciation builds toward $142,285 over five years. Five-year ROI reaches 96.66% and total cumulative return in cash sums $163,777. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,986/mo property income rather than buyer’s personal income.
Single Family
Built in 1990
0.89 Acres lot
$N/A/sqft
$350 annually 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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Listed by: William Sheppard • NextHome World Class
Mls Name: High Country AOR
Mls Provider:
Mls ID: #255893
Disclaimer: IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.