Elston Plan, Clark Creek Landing,Lincolnton,NC,28092

Investment Highlights

Investment property for sale in Lincolnton at Elston Plan, Clark Creek Landing, Lincolnton, NC, 28092 at $315,990 posts ROI 30.7% with $942/mo cash flow from $2,868/mo rent. Total monthly income equals $2,868/mo, and annual cash flow records $11,302/yr on $104,751 to close. Return on cash invested measures 30.7% and rental yield reads 10.89% at the current $315,990. Equity gained on principal adds $2,039/yr, and 5% annual appreciation supports $87,302 by year five. Five-year ROI prints 160.57% and total cumulative return in cash totals $168,196.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,868/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).