3041 Forest Line DrClemmonsNC27012
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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 Clemmons at 3041 Forest Line Dr, Clemmons, NC, 27012 earns $299/mo cash flow from $2,396/mo rent with a $1,684/mo payment. Total monthly income totals $2,396/mo, and annual cash flow totals $3,590/yr on $114,036 capital. ROI tracks 23.06% on current figures, and rental yield reads 8.36% at a $344,000 purchase. Equity gained on principal adds $2,220/yr, and 5% annual appreciation supports $95,041 over five years. Five-year ROI reaches 119.63% and total cumulative return in cash sums $136,418. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,396/mo property income instead of your personal income.
Single Family
Built in 1978
0.53 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27012, Clemmons, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,212 (100%) |
| Owner Occupied HU | 10,270 (77.7%) |
| Renter Occupied HU | 2,418 (18.3%) |
| Vacant Housing Units | 524 ( 4.0%) |
| Median Home Value | $350,790 |
| Average Home Value | $395,050 |
Housing Distribution
Address Breakdown
Residential
12,810
Single Family
11,811
Multi-Family
999
Businesses
1,126
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Listed by: Camille Leaver • Long & Foster Real Estate, Inc
Mls Name: Triad MLS
Mls ID: #1203168