172 Centenary Ridge DrClemmonsNC27012
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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 Clemmons at 172 Centenary Ridge Dr, Clemmons, NC, 27012 listed at $614,900 pairs $2,238/mo rent with a $3,010/mo payment. Total monthly income runs $2,238/mo. Return on cash invested measures 11.1% in year one, and rental yield registers 4.37% at a $614,900 basis. Equity gained on principal adds $3,968/yr, and annual property appreciation at 5% supports $169,886 by year five. Five-year ROI tracks 55.48% and total cumulative return in cash totals $112,234. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,238/mo property income relative to a $3,010/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2016
0.92 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27012, Clemmons, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,212 (100%) |
| Owner Occupied HU | 10,270 (77.7%) |
| Renter Occupied HU | 2,418 (18.3%) |
| Vacant Housing Units | 524 ( 4.0%) |
| Median Home Value | $350,790 |
| Average Home Value | $395,050 |
Housing Distribution
Address Breakdown
Residential
12,810
Single Family
11,811
Multi-Family
999
Businesses
1,126
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Listed by: Jeannie Smith • Southern Signature Properties
Mls Name: Triad MLS
Mls ID: #1189231