104 Wood Bend CtClaytonNC27520
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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 Clayton at 104 Wood Bend Ct, Clayton, NC, 27520 priced at $310,000 converts $2,209/mo rent into $320/mo cash flow after a $1,517/mo obligation. Total monthly income equals $2,209/mo, and annual cash flow totals $3,840/yr on $102,765 invested. Return on cash invested prints 23.65% in year one, and rental yield reads 8.55% against a $310,000 entry. Equity gained on principal adds $2,000/yr, while 5% annual appreciation compiles into $85,647 by year five. Five-year ROI reaches 122.73% and total cumulative return in cash sums $126,127. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,209/mo property income covering a $1,517/mo payment, not borrower’s personal income.
Single Family
Built in 1997
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27520, Clayton, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,790 (100%) |
| Owner Occupied HU | 15,201 (73.1%) |
| Renter Occupied HU | 4,716 (22.7%) |
| Vacant Housing Units | 873 ( 4.2%) |
| Median Home Value | $350,000 |
| Average Home Value | $370,622 |
Housing Distribution
Address Breakdown
Residential
20,003
Single Family
18,590
Multi-Family
1,413
Businesses
819
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Listed by: Cindy Johnson-Brown • eXp Realty, LLC - C
Mls Name: Doorify MLS
Mls ID: #10121653