88 Jay DrLumbertonNC28360
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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 Lumberton at 88 Jay Dr, Lumberton, NC, 28360 uses $36,465 cash to close to unlock $2,040/yr annual cash flow and $170/mo monthly cash flow. Total monthly income runs $840/mo, and a $538/mo payment keeps the spread at $170/mo. Purchase price stands at $110,000, and rental yield measures 9.16% with $840/mo rent. Return on cash invested shows 25.5% in year one, and 5% annual appreciation builds toward $30,391 over five years. Five-year ROI reaches 132.68% and total cumulative return in cash records $48,384. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $840/mo property income covering a $538/mo payment rather than investor’s personal income.
Manufactured
Built in 2000
0.50 Acres lot
$N/A/sqft
No HOA
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Listed by: LAKISHA LOCKLEAR • THE REAL ESTATE CONCIERGE
Mls Name: LPRMLS
Mls Provider:
Mls ID: #738478
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