805 River Trail RdLowellNC28098
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Lowell at 805 River Trail Rd, Lowell, NC, 28098 with 5% annual appreciation on a $334,900 basis while $2,167/mo rent supports operations. Total monthly income totals $2,167/mo and a $1,639/mo payment preserves $126/mo for cash returns. Annual cash flow comes to $1,513/yr on $111,019 deployed, and return on cash invested reaches 21.27% in year one. Equity gained on principal adds $2,161/yr, and five-year appreciation sums $92,527 alongside rental yield of 7.76%. Five-year ROI measures 110.07% and total cumulative return in cash totals $122,197.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,167/mo property income versus a $1,639/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2002
0.23 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28098, Lowell, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,727 (100%) |
| Owner Occupied HU | 1,142 (66.1%) |
| Renter Occupied HU | 508 (29.4%) |
| Vacant Housing Units | 77 ( 4.5%) |
| Median Home Value | $279,916 |
| Average Home Value | $331,259 |
Housing Distribution
Address Breakdown
Residential
1,570
Single Family
1,570
Multi-Family
0
Businesses
163
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Justin Zinn • Key Real Estate Group, LLC
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4318887