3567 Farmfield DrClaremontNC28610
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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 Claremont at 3567 Farmfield Dr, Claremont, NC, 28610 generates $2,489/mo in rent and, after a $1,806/mo payment, leaves $240/mo in cash flow. Total monthly income is $2,489/mo, and annual cash flow is $2,884/yr on $122,290 invested. Return on cash invested sits at 22.27% in year one, and rental yield is 8.1% on a $368,900 entry. Equity gained on principal adds $2,380/yr, while 5% annual appreciation builds toward $101,920 over five years. Five-year ROI reaches 115.38% and total cumulative return in cash sums $141,104. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,489/mo property income rather than buyer’s personal income.
Single Family
Built in 2025
0.52 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
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Listed by: Brooke Broadwell • Mackey Realty LLC
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4331584