342 Cramerton Mills PkwyCramertonNC28032
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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 Cramerton at 342 Cramerton Mills Pkwy, Cramerton, NC, 28032 offers $2,686/mo rent that, after a $1,786/mo payment, leaves $328/mo cash flow. Total monthly income is $2,686/mo, and annual cash flow is $3,936/yr on $120,998 cash. Return on cash invested measures 23.16% in year one, and rental yield stands at 8.83% at a $365,000 entry. Equity gained on principal adds $2,355/yr while 5% annual appreciation compounds into $100,843 by year five. Five-year ROI records 120.62% and total cumulative return in cash reaches $145,951. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,686/mo property income versus a $1,786/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Townhouse
Built in 2024
0.07 Acres lot
$N/A/sqft
$134 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28032, Cramerton, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,687 (100%) |
| Owner Occupied HU | 1,102 (65.3%) |
| Renter Occupied HU | 462 (27.4%) |
| Vacant Housing Units | 123 ( 7.3%) |
| Median Home Value | $360,308 |
| Average Home Value | $425,286 |
Housing Distribution
Address Breakdown
Residential
1,612
Single Family
1,572
Multi-Family
40
Businesses
127
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Listed by: Sarah Rutkowski • RE/MAX Executive
Mls Name: Canopy MLS as distributed by MLS GRID
Mls Provider:
Mls ID: #4279503
Disclaimer: Based on information submitted to the MLS GRID as of 2025-07-10 17:28:05 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. [Click here for more information](/mls-disclaimers/#87)