228 Cloverdale RdApexNC27523
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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 Apex at 228 Cloverdale Rd, Apex, NC, 27523 priced at $1,450,000 pairs $5,559/mo rent with after a $7,097/mo payment. Total monthly income equals $5,559/mo. Return on cash invested is 11.72% in year one, and rental yield stands at 4.6% on a $1,450,000 basis. Equity gained on principal adds $9,357/yr, and 5% annual appreciation accumulates to $400,608 by year five. Five-year ROI measures 58.78% and total cumulative return in cash reaches $276,141. For financing, Ziffy Mortgage’s DSCR program evaluates $5,559/mo property income against a $7,097/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2019
0.37 Acres lot
$N/A/sqft
$110 monthly HOA
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Listed by: Ravi Bheemarao • RB Real Estate Agency
Mls Name: Doorify MLS
Mls Provider:
Mls ID: #10105981
Disclaimer: The MLS listing information displayed is deemed reliable, but is not guaranteed accurate by the MLS. Copyright 2025 Doorify MLS of North Carolina. All rights reserved.