305 Cinnamon WayClemmonsNC27012
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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
Rental property for sale in Clemmons at 305 Cinnamon Way, Clemmons, NC, 27012 priced at $379,000 converts $2,638/mo rent into $328/mo cash flow after a $1,855/mo obligation. Total monthly income equals $2,638/mo, and annual cash flow totals $3,938/yr on $125,639 invested. Return on cash invested prints 23.04% in year one, and rental yield reads 8.35% against a $379,000 entry. Equity gained on principal adds $2,446/yr, while 5% annual appreciation compiles into $104,711 by year five. Five-year ROI reaches 119.55% and total cumulative return in cash sums $150,203. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,638/mo property income covering a $1,855/mo payment, not borrower’s personal income.
Single Family
Built in 2004
0.28 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: Warner Starkey • APS Realty Group
Mls Name: Triad MLS
Mls ID: #1193943