410 Coharie DriveClintonNC28328
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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 Clinton at 410 Coharie Drive, Clinton, NC, 28328 offers $2,303/mo rent that, after a $2,398/mo payment. Total monthly income is $2,303/mo. Return on cash invested measures 14.86% in year one, and rental yield stands at 5.64% at a $489,900 entry. Equity gained on principal adds $3,161/yr while 5% annual appreciation compounds into $135,350 by year five. Five-year ROI records 75.68% and total cumulative return in cash reaches $122,909. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,303/mo property income versus a $2,398/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1991
0.73 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28328, Clinton, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,027 (100%) |
| Owner Occupied HU | 6,536 (59.3%) |
| Renter Occupied HU | 3,368 (30.5%) |
| Vacant Housing Units | 1,123 (10.2%) |
| Median Home Value | $186,580 |
| Average Home Value | $239,678 |
Housing Distribution
Address Breakdown
Residential
11,006
Single Family
10,779
Multi-Family
227
Businesses
839
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Listed by: Tiffany Rivenbark • Butler & Faircloth, REALTORS
Mls Name: Hive MLS
Mls ID: #100552204