776 S Grove Street Ext,Lincolnton,NC,28092

Investment Highlights

Investment property for sale in Lincolnton at 776 S Grove Street Ext, Lincolnton, NC, 28092 listed at $550,000 pairs $3,150/mo rent with a $2,692/mo payment. Total monthly income runs $3,150/mo. Return on cash invested measures 18.72% in year one, and rental yield registers 6.87% at a $550,000 basis. Equity gained on principal adds $3,549/yr, and annual property appreciation at 5% supports $151,955 by year five. Five-year ROI tracks 96.3% and total cumulative return in cash totals $174,250. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,150/mo property income relative to a $2,692/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).