403 Garrison AveClaytonNC27520
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Clayton at 403 Garrison Ave, Clayton, NC, 27520 with 5% annual appreciation on a $290,000 basis while $1,969/mo rent supports operations. Total monthly income totals $1,969/mo and a $1,419/mo payment preserves $202/mo for cash returns. Annual cash flow comes to $2,424/yr on $96,135 deployed, and return on cash invested reaches 22.43% in year one. Equity gained on principal adds $1,871/yr, and five-year appreciation sums $80,122 alongside rental yield of 8.15%. Five-year ROI measures 116.22% and total cumulative return in cash totals $111,724.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,969/mo property income versus a $1,419/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1996
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27520, Clayton, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,790 (100%) |
| Owner Occupied HU | 15,201 (73.1%) |
| Renter Occupied HU | 4,716 (22.7%) |
| Vacant Housing Units | 873 ( 4.2%) |
| Median Home Value | $350,000 |
| Average Home Value | $370,622 |
Housing Distribution
Address Breakdown
Residential
20,003
Single Family
18,590
Multi-Family
1,413
Businesses
819
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Andrea Lauren Felso • Mark Spain Real Estate
Mls Name: Doorify MLS
Mls ID: #10135487