1111 Barden StClintonNC28328
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 Clinton at 1111 Barden St, Clinton, NC, 28328 uses $75,914 cash to close to unlock $5,458/yr annual cash flow and $455/mo monthly cash flow. Total monthly income runs $1,855/mo, and a $1,121/mo payment keeps the spread at $455/mo. Purchase price stands at $229,000, and rental yield measures 9.72% with $1,855/mo rent. Return on cash invested shows 27.1% in year one, and 5% annual appreciation builds toward $63,268 over five years. Five-year ROI reaches 141.31% and total cumulative return in cash records $107,273. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,855/mo property income covering a $1,121/mo payment rather than investor’s personal income.
Single Family
Built in 2021
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28328, Clinton, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,027 (100%) |
| Owner Occupied HU | 6,536 (59.3%) |
| Renter Occupied HU | 3,368 (30.5%) |
| Vacant Housing Units | 1,123 (10.2%) |
| Median Home Value | $186,580 |
| Average Home Value | $239,678 |
Housing Distribution
Address Breakdown
Residential
11,006
Single Family
10,779
Multi-Family
227
Businesses
839
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: DAVID HELMS • COLDWELL BANKER ADVANTAGE - FAYETTEVILLE
Mls Name: LPRMLS
Mls Provider:
Mls ID: #740506
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.