818 Grier 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 818 Grier St, Lincolnton, NC, 28092 at $165,000 posts ROI 25.04% with $234/mo cash flow from $1,240/mo rent. Total monthly income equals $1,240/mo, and annual cash flow records $2,808/yr on $54,698 to close. Return on cash invested measures 25.04% and rental yield reads 9.02% at the current $165,000. Equity gained on principal adds $1,065/yr, and 5% annual appreciation supports $45,586 by year five. Five-year ROI prints 130.23% and total cumulative return in cash totals $71,231.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,240/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1925
0.17 Acres lot
$N/A/sqft
No HOA
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Listed by: Will Poteat • RE/MAX Crossroads
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4291486