42 Channel Drop DrClaytonNC27520
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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 Clayton at 42 Channel Drop Dr, Clayton, NC, 27520 offers $2,274/mo rent that, after a $1,540/mo payment, leaves $356/mo cash flow. Total monthly income is $2,274/mo, and annual cash flow is $4,276/yr on $104,329 cash. Return on cash invested measures 24.01% in year one, and rental yield stands at 8.67% at a $314,719 entry. Equity gained on principal adds $2,031/yr while 5% annual appreciation compounds into $86,951 by year five. Five-year ROI records 124.72% and total cumulative return in cash reaches $130,117. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,274/mo property income versus a $1,540/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Townhouse
Built in 2022
1,742 sqft 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
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Listed by: Roberta Forbes • DRB Group North Carolina LLC
Mls Name: Doorify MLS
Mls ID: #10102577