402 Clairview LnMatthewsNC28105
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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 Matthews at 402 Clairview Ln, Matthews, NC, 28105 priced at $808,500 converts $3,170/mo rent into after a $3,957/mo obligation. Total monthly income equals $3,170/mo. Return on cash invested prints 12.02% in year one, and rental yield reads 4.71% against a $808,500 entry. Equity gained on principal adds $5,217/yr, while 5% annual appreciation compiles into $223,374 by year five. Five-year ROI reaches 60.42% and total cumulative return in cash sums $160,716. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,170/mo property income covering a $3,957/mo payment, not borrower’s personal income.
Single Family
Built in 1997
0.31 Acres lot
$N/A/sqft
$300 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28105, Matthews, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,494 (100%) |
| Owner Occupied HU | 12,458 (63.9%) |
| Renter Occupied HU | 6,384 (32.7%) |
| Vacant Housing Units | 652 ( 3.3%) |
| Median Home Value | $457,147 |
| Average Home Value | $515,720 |
Housing Distribution
Address Breakdown
Residential
19,513
Single Family
15,532
Multi-Family
3,981
Businesses
1,554
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Listed by: Jonathan Diianni • COMPASS
Mls Name: Canopy MLS as distributed by MLS GRID
Mls Provider:
Mls ID: #4290501
Disclaimer: Based on information submitted to the MLS GRID as of 2025-10-13 21:23:10 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)