167 Little Clinton DrElizabethtownNC28337
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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 Elizabethtown at 167 Little Clinton Dr, Elizabethtown, NC, 28337 offers a 3.67% rental yield on a $595,000 purchase with $1,820/mo rent. 73% in year one. Equity gained on principal adds $3,839/yr while 5% annual appreciation supports $164,388 over five years. Portfolio math shows five-year ROI at 42.86% and total cumulative return in cash at $83,906. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,820/mo property income against a $2,912/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1970
N/A lot
$N/A/sqft
$500 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28337, Elizabethtown, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,345 (100%) |
| Owner Occupied HU | 2,624 (49.1%) |
| Renter Occupied HU | 1,358 (25.4%) |
| Vacant Housing Units | 1,363 (25.5%) |
| Median Home Value | $234,913 |
| Average Home Value | $263,846 |
Housing Distribution
Address Breakdown
Residential
4,199
Single Family
4,078
Multi-Family
121
Businesses
476
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Listed by: GARY BARRETT • COLDWELL BANKER ADVANTAGE - FAYETTEVILLE
Mls Name: LPRMLS
Mls Provider:
Mls ID: #741579
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.