130 Midway Crossing DrClydeNC28721
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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 Clyde at 130 Midway Crossing Dr, Clyde, NC, 28721 priced at $875,000 pairs $3,750/mo rent with after a $4,283/mo payment. Total monthly income equals $3,750/mo. Return on cash invested is 13.46% in year one, and rental yield stands at 5.14% on a $875,000 basis. Equity gained on principal adds $5,646/yr, and 5% annual appreciation accumulates to $241,746 by year five. Five-year ROI measures 68.1% and total cumulative return in cash reaches $196,043. For financing, Ziffy Mortgage’s DSCR program evaluates $3,750/mo property income against a $4,283/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2025
0.71 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: Ginny Mosteller • Better Homes and Gardens Real Estate Heritage
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4321878