2600 Old Clyde RdClydeNC28721
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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 Clyde at 2600 Old Clyde Rd, Clyde, NC, 28721 listed at $350,000 pairs $2,608/mo rent with a $1,713/mo payment to leave $475/mo cash flow. Total monthly income runs $2,608/mo, and annual cash flow reaches $5,700/yr on $116,025 cash to close. Return on cash invested measures 24.82% in year one, and rental yield registers 8.94% at a $350,000 basis. Equity gained on principal adds $2,258/yr, and annual property appreciation at 5% supports $96,699 by year five. Five-year ROI tracks 129.06% and total cumulative return in cash totals $149,738. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,608/mo property income relative to a $1,713/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2014
0.43 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: Steven Owens • Keller Williams Biltmore Village
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4329622