748 W 2nd StLincolntonNC28092
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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 Lincolnton at 748 W 2nd St, Lincolnton, NC, 28092 earns $408/mo cash flow from $1,535/mo rent with a $905/mo payment. Total monthly income totals $1,535/mo, and annual cash flow totals $4,896/yr on $61,328 capital. ROI tracks 27.89% on current figures, and rental yield reads 9.96% at a $185,000 purchase. Equity gained on principal adds $1,194/yr, and 5% annual appreciation supports $51,112 over five years. Five-year ROI reaches 145.5% and total cumulative return in cash sums $89,235. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,535/mo property income instead of your personal income.
Single Family
Built in 1959
0.43 Acres lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices
Listed by: Stacy Sullivan • RE/MAX Crossroads
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4331135