775 Norment RdLumbertonNC28360
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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 Lumberton at 775 Norment Rd, Lumberton, NC, 28360 priced at $408,000 pairs $1,140/mo rent with after a $1,997/mo payment. Total monthly income equals $1,140/mo. Return on cash invested is 7.96% in year one, and rental yield stands at 3.35% on a $408,000 basis. Equity gained on principal adds $2,633/yr, and 5% annual appreciation accumulates to $112,723 by year five. Five-year ROI measures 38.66% and total cumulative return in cash reaches $52,291. For financing, Ziffy Mortgage’s DSCR program evaluates $1,140/mo property income against a $1,997/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2024
110 Acres lot
$N/A/sqft
No HOA
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Listed by: JANELL CARROLL • COLDWELL BANKER PREMIER TEAM REALTY
Mls Name: LPRMLS
Mls Provider:
Mls ID: #732119
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.