3094 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
Rental property for sale in Clemmons at 3094 Forest Line Dr, Clemmons, NC, 27012 generates $2,719/mo in rent and, after a $1,713/mo payment, leaves $586/mo in cash flow. Total monthly income is $2,719/mo, and annual cash flow is $7,033/yr on $115,992 invested. Return on cash invested sits at 25.97% in year one, and rental yield is 9.32% on a $349,900 entry. Equity gained on principal adds $2,258/yr, while 5% annual appreciation builds toward $96,671 over five years. Five-year ROI reaches 135.27% and total cumulative return in cash sums $156,906. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,719/mo property income rather than buyer’s personal income.
Single Family
Built in 1978
0.74 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: Bill Anderson • Berkshire Hathaway HomeServices Carolinas Realty
Mls Name: Triad MLS
Mls ID: #1195790