220 Beaman StClintonNC28328
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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 Clinton at 220 Beaman St, Clinton, NC, 28328 offers a 7.2% rental yield on a $269,000 purchase with $1,614/mo rent. 56% in year one. Equity gained on principal adds $1,736/yr while 5% annual appreciation supports $74,320 over five years. Portfolio math shows five-year ROI at 100.89% and total cumulative return in cash at $89,963. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,614/mo property income against a $1,317/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1920
0.68 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28328, Clinton, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,027 (100%) |
| Owner Occupied HU | 6,536 (59.3%) |
| Renter Occupied HU | 3,368 (30.5%) |
| Vacant Housing Units | 1,123 (10.2%) |
| Median Home Value | $186,580 |
| Average Home Value | $239,678 |
Housing Distribution
Address Breakdown
Residential
11,006
Single Family
10,779
Multi-Family
227
Businesses
839
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Listed by: RACHEL ENGLEHART • MAIN STREET REALTY INC.
Mls Name: LPRMLS
Mls ID: #755234