126 Ridgeline RdClydeNC28721
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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 Clyde at 126 Ridgeline Rd, Clyde, NC, 28721 listed at $362,230 pairs $3,208/mo rent with a $1,773/mo payment to leave $1,000/mo cash flow. Total monthly income runs $3,208/mo, and annual cash flow reaches $12,004/yr on $120,079 cash to close. Return on cash invested measures 29.91% in year one, and rental yield registers 10.63% at a $362,230 basis. Equity gained on principal adds $2,337/yr, and annual property appreciation at 5% supports $100,077 by year five. Five-year ROI tracks 156.34% and total cumulative return in cash totals $187,730. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,208/mo property income relative to a $1,773/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1997
0.81 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28721, Clyde, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,347 (100%) |
| Owner Occupied HU | 3,430 (64.1%) |
| Renter Occupied HU | 1,122 (21.0%) |
| Vacant Housing Units | 795 (14.9%) |
| Median Home Value | $283,824 |
| Average Home Value | $335,403 |
Housing Distribution
Address Breakdown
Residential
4,925
Single Family
4,900
Multi-Family
25
Businesses
254
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Listed by: Brian Brockman • Bang Realty
Mls Name: My State MLS
Mls ID: #11594516