1010 Lewisville Clemmons RdLewisvilleNC27023
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Lewisville at 1010 Lewisville Clemmons Rd, Lewisville, NC, 27023 listed at $329,900 pairs $2,178/mo rent with a $1,615/mo payment to leave $167/mo cash flow. Total monthly income runs $2,178/mo, and annual cash flow reaches $2,005/yr on $109,362 cash to close. Return on cash invested measures 21.74% in year one, and rental yield registers 7.92% at a $329,900 basis. Equity gained on principal adds $2,129/yr, and annual property appreciation at 5% supports $91,145 by year five. Five-year ROI tracks 112.58% and total cumulative return in cash totals $123,123. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,178/mo property income relative to a $1,615/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1974
0.45 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27023, Lewisville, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,965 (100%) |
| Owner Occupied HU | 4,746 (79.6%) |
| Renter Occupied HU | 816 (13.7%) |
| Vacant Housing Units | 403 ( 6.8%) |
| Median Home Value | $391,092 |
| Average Home Value | $494,701 |
Housing Distribution
Address Breakdown
Residential
5,550
Single Family
5,243
Multi-Family
307
Businesses
370
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Pedro Vallecillo • Keller Williams Realty Elite
Mls Name: Triad MLS
Mls ID: #1199815