3976 Westridge Meadow CirClemmonsNC27012
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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
Investment property for sale in Clemmons at 3976 Westridge Meadow Cir, Clemmons, NC, 27012 offers a 9.63% rental yield on a $207,500 purchase with $1,666/mo rent. Total monthly income registers $1,666/mo, and a $1,016/mo payment leaves $401/mo available for distribution. Annual cash flow reaches $4,812/yr on $68,786 to close, and return on cash invested stands at 26.9% in year one. Equity gained on principal adds $1,339/yr while 5% annual appreciation supports $57,328 over five years. Portfolio math shows five-year ROI at 140.22% and total cumulative return in cash at $96,455. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,666/mo property income against a $1,016/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1994
0.03 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27012, Clemmons, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,212 (100%) |
| Owner Occupied HU | 10,270 (77.7%) |
| Renter Occupied HU | 2,418 (18.3%) |
| Vacant Housing Units | 524 ( 4.0%) |
| Median Home Value | $350,790 |
| Average Home Value | $395,050 |
Housing Distribution
Address Breakdown
Residential
12,810
Single Family
11,811
Multi-Family
999
Businesses
1,126
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Listed by: Jennifer Mabe • Berkshire Hathaway HomeServices Carolinas Realty
Mls Name: Triad MLS
Mls ID: #1203055