92 Rad StLillingtonNC27546
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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 Lillington at 92 Rad St, Lillington, NC, 27546 priced at $239,900 converts $1,406/mo rent into after a $1,174/mo obligation. Total monthly income equals $1,406/mo. Return on cash invested prints 19.07% in year one, and rental yield reads 7.03% against a $239,900 entry. Equity gained on principal adds $1,548/yr, while 5% annual appreciation compiles into $66,280 by year five. Five-year ROI reaches 98.24% and total cumulative return in cash sums $78,127. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,406/mo property income covering a $1,174/mo payment, not borrower’s personal income.
Manufactured
Built in 2024
0.57 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27546, Lillington, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,340 (100%) |
| Owner Occupied HU | 5,690 (60.9%) |
| Renter Occupied HU | 2,571 (27.5%) |
| Vacant Housing Units | 1,079 (11.6%) |
| Median Home Value | $323,477 |
| Average Home Value | $334,710 |
Housing Distribution
Address Breakdown
Residential
8,659
Single Family
8,060
Multi-Family
599
Businesses
536
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Listed by: JEAN NIPPER • NIPPER PROPERTIES
Mls Name: LPRMLS
Mls ID: #745801