3882 Plum Tree RdClimaxNC27233
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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 Climax at 3882 Plum Tree Rd, Climax, NC, 27233 offers $1,824/mo rent that, after a $1,645/mo payment. Total monthly income is $1,824/mo. Return on cash invested measures 17.49% in year one, and rental yield stands at 6.51% at a $335,999 entry. Equity gained on principal adds $2,168/yr while 5% annual appreciation compounds into $92,830 by year five. Five-year ROI records 89.76% and total cumulative return in cash reaches $99,982. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,824/mo property income versus a $1,645/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2005
1.62 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27233, Climax, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,398 (100%) |
| Owner Occupied HU | 1,143 (81.8%) |
| Renter Occupied HU | 210 (15.0%) |
| Vacant Housing Units | 45 ( 3.2%) |
| Median Home Value | $288,678 |
| Average Home Value | $342,526 |
Housing Distribution
Address Breakdown
Residential
1,363
Single Family
1,363
Multi-Family
0
Businesses
63
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Listed by: Gloria Raymundo Rodrigues • Keller Williams Realty Cary
Mls Name: Doorify MLS
Mls Provider:
Mls ID: #10121967
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.