47 Hidden Cove LnClintonNC28328
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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
Investment property for sale in Clinton at 47 Hidden Cove Ln, Clinton, NC, 28328 uses $115,660 cash to close to unlock $3,664/yr annual cash flow and $305/mo monthly cash flow. Total monthly income runs $2,432/mo, and a $1,708/mo payment keeps the spread at $305/mo. Purchase price stands at $348,900, and rental yield measures 8.36% with $2,432/mo rent. Return on cash invested shows 23.08% in year one, and 5% annual appreciation builds toward $96,395 over five years. Five-year ROI reaches 119.72% and total cumulative return in cash records $138,472. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,432/mo property income covering a $1,708/mo payment rather than investor’s personal income.
Single Family
Built in 1995
N/A 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: JUANITA SMITH • VYLLA HOME
Mls Name: LPRMLS
Mls ID: #756215