4322 Circle DrClaremontNC28610
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
Rental property for sale in Claremont at 4322 Circle Dr, Claremont, NC, 28610 generates $2,522/mo in rent, after a $3,867/mo payment. Total monthly income is $2,522/mo. Return on cash invested sits at 9.47% in year one, and rental yield is 3.83% on a $790,000 entry. Equity gained on principal adds $5,098/yr, while 5% annual appreciation builds toward $218,262 over five years. Five-year ROI reaches 46.71% and total cumulative return in cash sums $121,416. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,522/mo property income rather than buyer’s personal income.
Single Family
Built in 2006
0.43 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28610, Claremont, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,390 (100%) |
| Owner Occupied HU | 3,117 (71.0%) |
| Renter Occupied HU | 921 (21.0%) |
| Vacant Housing Units | 352 ( 8.0%) |
| Median Home Value | $273,083 |
| Average Home Value | $318,251 |
Housing Distribution
Address Breakdown
Residential
3,910
Single Family
3,822
Multi-Family
88
Businesses
182
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Kym Baity • Method Real Estate Advisors
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4311309