1229 Clendon CircleLelandNC28451
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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 Leland at 1229 Clendon Circle, Leland, NC, 28451 listed at $367,500 pairs $2,111/mo rent with a $1,799/mo payment. Total monthly income runs $2,111/mo. Return on cash invested measures 18.64% in year one, and rental yield registers 6.89% at a $367,500 basis. Equity gained on principal adds $2,371/yr, and annual property appreciation at 5% supports $101,533 by year five. Five-year ROI tracks 95.89% and total cumulative return in cash totals $116,820. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,111/mo property income relative to a $1,799/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2023
5,227 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28451, Leland, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 23,676 (100%) |
| Owner Occupied HU | 15,987 (67.5%) |
| Renter Occupied HU | 5,229 (22.1%) |
| Vacant Housing Units | 2,460 (10.4%) |
| Median Home Value | $376,128 |
| Average Home Value | $424,214 |
Housing Distribution
Address Breakdown
Residential
22,396
Single Family
21,355
Multi-Family
1,041
Businesses
874
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Listed by: The Cameron Team • Coldwell Banker Sea Coast Advantage
Mls Name: Hive MLS
Mls ID: #100541621