2617 White Oak Court ExtClaremontNC28610
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Claremont at 2617 White Oak Court Ext, Claremont, NC, 28610 offers a 11.39% rental yield on a $194,000 purchase with $1,842/mo rent. Total monthly income registers $1,842/mo, and a $950/mo payment leaves $659/mo available for distribution. Annual cash flow reaches $7,910/yr on $64,311 to close, and return on cash invested stands at 32.21% in year one. Equity gained on principal adds $1,252/yr while 5% annual appreciation supports $53,599 over five years. Portfolio math shows five-year ROI at 168.73% and total cumulative return in cash at $108,512. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,842/mo property income against a $950/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Townhouse
Built in 1996
0.03 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28610, Claremont, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,390 (100%) |
| Owner Occupied HU | 3,117 (71.0%) |
| Renter Occupied HU | 921 (21.0%) |
| Vacant Housing Units | 352 ( 8.0%) |
| Median Home Value | $273,083 |
| Average Home Value | $318,251 |
Housing Distribution
Address Breakdown
Residential
3,910
Single Family
3,822
Multi-Family
88
Businesses
182
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Anthony Lawing • Lawing Real Estate
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4293632