1 Red Clover DrCandlerNC28715
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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 Candler at 1 Red Clover Dr, Candler, NC, 28715 with 5% annual appreciation on a $380,000 basis while $2,941/mo rent supports operations. Total monthly income totals $2,941/mo and a $1,860/mo payment preserves $625/mo for cash returns. Annual cash flow comes to $7,500/yr on $125,970 deployed, and return on cash invested reaches 25.86% in year one. Equity gained on principal adds $2,452/yr, and five-year appreciation sums $104,987 alongside rental yield of 9.29%. Five-year ROI measures 134.63% and total cumulative return in cash totals $169,597.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,941/mo property income versus a $1,860/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2016
0.12 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28715, Candler, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,024 (100%) |
| Owner Occupied HU | 8,674 (66.6%) |
| Renter Occupied HU | 3,160 (24.3%) |
| Vacant Housing Units | 1,190 ( 9.1%) |
| Median Home Value | $395,567 |
| Average Home Value | $477,276 |
Housing Distribution
Address Breakdown
Residential
12,504
Single Family
12,494
Multi-Family
10
Businesses
514
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Listed by: David Plyler • Lusso Realty
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4305641