180 Oak Park 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 180 Oak Park Dr, Clyde, NC, 28721 generates $2,045/mo in rent and, after a $1,610/mo payment, leaves $40/mo in cash flow. Total monthly income is $2,045/mo, and annual cash flow is $482/yr on $109,064 invested. Return on cash invested sits at 20.35% in year one, and rental yield is 7.46% on a $329,000 entry. Equity gained on principal adds $2,123/yr, while 5% annual appreciation builds toward $90,897 over five years. Five-year ROI reaches 105.13% and total cumulative return in cash sums $114,657. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,045/mo property income rather than buyer’s personal income.
Single Family
Built in 1966
0.36 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: Billy Case • RE/MAX Executive
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4315606