TBD River LandingLansingNC28643
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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 Lansing at TBD River Landing, Lansing, NC, 28643 priced at $550,000 converts $1,608/mo rent into after a $2,692/mo obligation. Total monthly income equals $1,608/mo. Return on cash invested prints 8.27% in year one, and rental yield reads 3.51% against a $550,000 entry. Equity gained on principal adds $3,549/yr, while 5% annual appreciation compiles into $151,955 by year five. Five-year ROI reaches 40.37% and total cumulative return in cash sums $73,054. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,608/mo property income covering a $2,692/mo payment, not borrower’s personal income.
Single Family
Built in 2025
1.40 Acres lot
$N/A/sqft
$400 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28643, Lansing, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,116 (100%) |
| Owner Occupied HU | 1,248 (59.0%) |
| Renter Occupied HU | 282 (13.3%) |
| Vacant Housing Units | 586 (27.7%) |
| Median Home Value | $255,806 |
| Average Home Value | $352,007 |
Housing Distribution
Address Breakdown
Residential
1,689
Single Family
1,689
Multi-Family
0
Businesses
55
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Listed by: Butch Phillips • Realty One Group Results
Mls Name: High Country AOR
Mls Provider:
Mls ID: #253773
Disclaimer: IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.