240 David LnClaytonNC27520
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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 240 David Ln, Clayton, NC, 27520 offers a 11.5% rental yield on a $205,000 purchase with $1,964/mo rent. Total monthly income registers $1,964/mo, and a $1,003/mo payment leaves $715/mo available for distribution. Annual cash flow reaches $8,580/yr on $67,958 to close, and return on cash invested stands at 32.53% in year one. Equity gained on principal adds $1,323/yr while 5% annual appreciation supports $56,638 over five years. Portfolio math shows five-year ROI at 170.43% and total cumulative return in cash at $115,818. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,964/mo property income against a $1,003/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 1999
0.92 Acres 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: Kristina Woods • Compass -- Chapel Hill - Durham
Mls Name: Doorify MLS
Mls ID: #10100670