314 Slate Top RdClaytonNC27520
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 314 Slate Top Rd, Clayton, NC, 27520 generates $2,275/mo in rent and, after a $1,072/mo payment, leaves $940/mo in cash flow. Total monthly income is $2,275/mo, and annual cash flow is $11,282/yr on $72,599 invested. Return on cash invested sits at 35.45% in year one, and rental yield is 12.47% on a $219,000 entry. Equity gained on principal adds $1,413/yr, while 5% annual appreciation builds toward $60,506 over five years. Five-year ROI reaches 186.12% and total cumulative return in cash sums $135,117. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,275/mo property income rather than buyer’s personal income.
Manufactured
Built in 1983
0.93 Acres 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Susana Castro • JA REALTY & CONSULTING LLC
Mls Name: Doorify MLS
Mls Provider:
Mls ID: #10101612
Disclaimer: The MLS listing information displayed is deemed reliable, but is not guaranteed accurate by the MLS. Copyright 2025 Doorify MLS of North Carolina. All rights reserved.