3170 Riber LnClaremontNC28610
INVESTMENT ANALYSIS
Investment Verdict
Income-ProducingReliable and efficiently structured, 3170 Riber Ln, Claremont, NC, 28610 in Claremont is a conservative rental investment at $395,000. Rental yield 6.53%. A 1.21 coverage ratio meets Ziffy Mortgage's DSCR standard for foreign-national financing. Five-year equity: 5% appreciation adds $109,131; $3,638/yr in principal paydown supplements. Total projected return: $133,056.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 6.5% | 6.2% |
| Monthly Cash Flow | $(257) | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $2,150 |
| Total Monthly Debt Service | $2,250 |
| DSCR Ratio | 0.96x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2005
0.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28610, Claremont, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,390 (100%) |
| Owner Occupied HU | 3,117 (71.0%) |
| Renter Occupied HU | 921 (21.0%) |
| Vacant Housing Units | 352 ( 8.0%) |
| Median Home Value | $273,083 |
| Average Home Value | $318,251 |
Housing Distribution
Address Breakdown
Residential
3,910
Single Family
3,822
Multi-Family
88
Businesses
182
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
Single Family
Built in 2005
0.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28610, Claremont, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,390 (100%) |
| Owner Occupied HU | 3,117 (71.0%) |
| Renter Occupied HU | 921 (21.0%) |
| Vacant Housing Units | 352 ( 8.0%) |
| Median Home Value | $273,083 |
| Average Home Value | $318,251 |
Housing Distribution
Address Breakdown
Residential
3,910
Single Family
3,822
Multi-Family
88
Businesses
182
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Angela Hodges • eXp Realty
Mls Name: Triad MLS
Mls ID: #1188262