7954 Tedder RoadLucamaNC27851
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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 Lucama at 7954 Tedder Road, Lucama, NC, 27851 listed at $214,900 pairs $1,836/mo rent with a $1,052/mo payment to leave $526/mo cash flow. Total monthly income runs $1,836/mo, and annual cash flow reaches $6,313/yr on $71,239 cash to close. Return on cash invested measures 28.77% in year one, and rental yield registers 10.25% at a $214,900 basis. Equity gained on principal adds $1,387/yr, and annual property appreciation at 5% supports $59,373 by year five. Five-year ROI tracks 150.31% and total cumulative return in cash totals $107,082. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,836/mo property income relative to a $1,052/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1968
3.06 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27851, Lucama, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,341 (100%) |
| Owner Occupied HU | 1,532 (65.4%) |
| Renter Occupied HU | 511 (21.8%) |
| Vacant Housing Units | 298 (12.7%) |
| Median Home Value | $240,802 |
| Average Home Value | $245,692 |
Housing Distribution
Address Breakdown
Residential
1,953
Single Family
1,953
Multi-Family
0
Businesses
64
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Listed by: Beth Hines • RE/MAX Southland Realty II
Mls Name: NCRMLS
Mls Provider:
Mls ID: #100469643
Disclaimer: The data relating to real estate on this web site comes in part from the Internet Data Exchange program of North Carolina Regional MLS LLC, and is updated as of 2024-02-16 15:12:29 PST. All information is deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor Zillow, Inc. shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. 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. 2024 North Carolina Regional MLS LLC