135 Claron PlaceLenoirNC28645
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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 Lenoir at 135 Claron Place, Lenoir, NC, 28645 offers $6,695/mo rent that, after a $9,544/mo payment. Total monthly income is $6,695/mo. Return on cash invested measures 10.51% in year one, and rental yield stands at 4.12% at a $1,950,000 entry. Equity gained on principal adds $12,583/yr while 5% annual appreciation compounds into $538,749 by year five. Five-year ROI records 52.23% and total cumulative return in cash reaches $330,005. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $6,695/mo property income versus a $9,544/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1966
11.42 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28645, Lenoir, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,745 (100%) |
| Owner Occupied HU | 13,505 (62.1%) |
| Renter Occupied HU | 5,791 (26.6%) |
| Vacant Housing Units | 2,449 (11.3%) |
| Median Home Value | $210,906 |
| Average Home Value | $239,578 |
Housing Distribution
Address Breakdown
Residential
20,028
Single Family
19,699
Multi-Family
329
Businesses
1,303
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Listed by: Denise Howard • DH One Properties, LLC
Mls Name: High Country AOR
Mls Provider:
Mls ID: #253322
Disclaimer: IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.