DOWNING Plan, Lockwood LandingSupplyNC28462
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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 Supply at DOWNING Plan, Lockwood Landing, Supply, NC, 28462 at $272,990 posts ROI 29.67% with $736/mo cash flow from $2,400/mo rent. Total monthly income equals $2,400/mo, and annual cash flow records $8,837/yr on $90,496 to close. Return on cash invested measures 29.67% and rental yield reads 10.55% at the current $272,990. Equity gained on principal adds $1,762/yr, and 5% annual appreciation supports $75,422 by year five. Five-year ROI prints 155.11% and total cumulative return in cash totals $140,368.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,400/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28462, Supply, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,489 (100%) |
| Owner Occupied HU | 5,220 (41.8%) |
| Renter Occupied HU | 1,286 (10.3%) |
| Vacant Housing Units | 5,983 (47.9%) |
| Median Home Value | $313,882 |
| Average Home Value | $390,268 |
Housing Distribution
Address Breakdown
Residential
8,202
Single Family
8,194
Multi-Family
8
Businesses
381
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Listed by: N/A • D.R. Horton
Mls Name: DR Horton
Mls Provider:
Mls ID: #N/A