317 Clapp StGrahamNC27253
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 Graham at 317 Clapp St, Graham, NC, 27253 priced at $279,900 pairs $1,794/mo rent with $88/mo cash flow after a $1,370/mo payment. Total monthly income equals $1,794/mo, and annual cash flow comes to $1,057/yr on $92,787 invested. Return on cash invested is 21.05% in year one, and rental yield stands at 7.69% on a $279,900 basis. Equity gained on principal adds $1,806/yr, and 5% annual appreciation accumulates to $77,331 by year five. Five-year ROI measures 108.88% and total cumulative return in cash reaches $101,029. For financing, Ziffy Mortgage’s DSCR program evaluates $1,794/mo property income against a $1,370/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1961
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27253, Graham, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,245 (100%) |
| Owner Occupied HU | 9,997 (61.5%) |
| Renter Occupied HU | 4,920 (30.3%) |
| Vacant Housing Units | 1,328 ( 8.2%) |
| Median Home Value | $296,247 |
| Average Home Value | $314,175 |
Housing Distribution
Address Breakdown
Residential
14,640
Single Family
14,223
Multi-Family
417
Businesses
894
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Nicholas Adam Newcomer • EXP REALTY OF PIEDMONT NC LLC
Mls Name: Doorify MLS
Mls ID: #10139944