152 Channel Drop DrClaytonNC27520
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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 Clayton at 152 Channel Drop Dr, Clayton, NC, 27520 uses $106,080 cash to close to unlock $2,424/yr annual cash flow and $202/mo monthly cash flow. Total monthly income runs $2,152/mo, and a $1,566/mo payment keeps the spread at $202/mo. Purchase price stands at $320,000, and rental yield measures 8.07% with $2,152/mo rent. Return on cash invested shows 22.19% in year one, and 5% annual appreciation builds toward $88,410 over five years. Five-year ROI reaches 114.95% and total cumulative return in cash records $121,935. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,152/mo property income covering a $1,566/mo payment rather than investor’s personal income.
Townhouse
Built in 2023
1,742 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27520, Clayton, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,790 (100%) |
| Owner Occupied HU | 15,201 (73.1%) |
| Renter Occupied HU | 4,716 (22.7%) |
| Vacant Housing Units | 873 ( 4.2%) |
| Median Home Value | $350,000 |
| Average Home Value | $370,622 |
Housing Distribution
Address Breakdown
Residential
20,003
Single Family
18,590
Multi-Family
1,413
Businesses
819
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Listed by: Katti Battaglia • Long & Foster Real Estate INC/Triangle East
Mls Name: Doorify MLS
Mls ID: #10135090