1914 Parkside Village 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 1914 Parkside Village Dr, Clayton, NC, 27520 uses $75,914 cash to close to unlock $3,926/yr annual cash flow and $327/mo monthly cash flow. Total monthly income runs $1,723/mo, and a $1,121/mo payment keeps the spread at $327/mo. Purchase price stands at $229,000, and rental yield measures 9.03% with $1,723/mo rent. Return on cash invested shows 25.08% in year one, and 5% annual appreciation builds toward $63,268 over five years. Five-year ROI reaches 130.5% and total cumulative return in cash records $99,065. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,723/mo property income covering a $1,121/mo payment rather than investor’s personal income.
Condo
Built in 2004
N/A 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: Michelle Cencelewski • HomeTowne Realty
Mls Name: Doorify MLS
Mls ID: #10136567