108 Starlet Ridge WayClaytonNC27520
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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 108 Starlet Ridge Way, Clayton, NC, 27520 priced at $525,519 converts $2,903/mo rent into after a $2,572/mo obligation. Total monthly income equals $2,903/mo. Return on cash invested prints 17.98% in year one, and rental yield reads 6.63% against a $525,519 entry. Equity gained on principal adds $3,391/yr, while 5% annual appreciation compiles into $145,191 by year five. Five-year ROI reaches 92.36% and total cumulative return in cash sums $159,688. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,903/mo property income covering a $2,572/mo payment, not borrower’s personal income.
Single Family
Built in 2026
0.97 Acres 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: Hannah Bean • Glenwood Homes
Mls Name: Doorify MLS
Mls ID: #10139472