914 Salem Church RdLincolntonNC28092
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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
Rental property for sale in Lincolnton at 914 Salem Church Rd, Lincolnton, NC, 28092 generates $1,476/mo in rent and, after a $1,072/mo payment, leaves $141/mo in cash flow. Total monthly income is $1,476/mo, and annual cash flow is $1,694/yr on $72,599 invested. Return on cash invested sits at 22.24% in year one, and rental yield is 8.09% on a $219,000 entry. Equity gained on principal adds $1,413/yr, while 5% annual appreciation builds toward $60,506 over five years. Five-year ROI reaches 115.29% and total cumulative return in cash sums $83,697. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,476/mo property income rather than buyer’s personal income.
Manufactured
Built in 1977
0.91 Acres lot
$N/A/sqft
No HOA
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Listed by: Michael Baker • Baker Realty & Construction
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4316293