284 Irvan StClaytonNC27520
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
Rental property for sale in Clayton at 284 Irvan St, Clayton, NC, 27520 priced at $289,200 converts $1,825/mo rent into $63/mo cash flow after a $1,415/mo obligation. Total monthly income equals $1,825/mo, and annual cash flow totals $756/yr on $95,870 invested. Return on cash invested prints 20.7% in year one, and rental yield reads 7.57% against a $289,200 entry. Equity gained on principal adds $1,866/yr, while 5% annual appreciation compiles into $79,901 by year five. Five-year ROI reaches 106.93% and total cumulative return in cash sums $102,509. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,825/mo property income covering a $1,415/mo payment, not borrower’s personal income.
Single Family
Built in N/A
N/A 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: N/A • N/A
Mls Name: Zillow Rentals
Mls ID: #N/A