277 Clear Waters EdgeCrestonNC28615
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 Creston at 277 Clear Waters Edge, Creston, NC, 28615 at $330,000 posts ROI 27.95% with $733/mo cash flow from $2,744/mo rent. Total monthly income equals $2,744/mo, and annual cash flow records $8,796/yr on $109,395 to close. Return on cash invested measures 27.95% and rental yield reads 9.98% at the current $330,000. Equity gained on principal adds $2,129/yr, and 5% annual appreciation supports $91,173 by year five. Five-year ROI prints 145.82% and total cumulative return in cash totals $159,515.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,744/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2014
1.69 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28615, Creston, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,355 (100%) |
| Owner Occupied HU | 792 (58.5%) |
| Renter Occupied HU | 156 (11.5%) |
| Vacant Housing Units | 407 (30.0%) |
| Median Home Value | $288,235 |
| Average Home Value | $364,568 |
Housing Distribution
Address Breakdown
Residential
1,032
Single Family
1,032
Multi-Family
0
Businesses
25
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Listed by: Robin Woschkolup • Allen Tate Ashe High Country Realty
Mls Name: High Country AOR
Mls ID: #257201