Lockhart Plan, The Landing at Mill Creek, Sneads Ferry, NC, 28460 | $466/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Sneads Ferry at Lockhart Plan, The Landing at Mill Creek, Sneads Ferry, NC, 28460 listed at $392,000 pairs $2,905/mo rent with a $1,919/mo payment to leave $466/mo cash flow. Total monthly income runs $2,905/mo, and annual cash flow reaches $5,587/yr on $129,948 cash to close. Return on cash invested measures 24.21% in year one, and rental yield registers 8.89% at a $392,000 basis. Equity gained on principal adds $2,530/yr, and annual property appreciation at 5% supports $108,302 by year five. Five-year ROI tracks 125.96% and total cumulative return in cash totals $163,680. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,905/mo property income relative to a $1,919/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Single Family

Built in 2025

N/A lot

$N/A/sqft

$50 monthly HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 28460, Sneads Ferry, NC area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	10,167 (100%)
Owner Occupied HU	4,456 (43.8%)
Renter Occupied HU	1,736 (17.1%)
Vacant Housing Units	3,975 (39.1%)
Median Home Value	$345,363
Average Home Value	$372,482