58 Callie River CtClydeNC28721
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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 Clyde at 58 Callie River Ct, Clyde, NC, 28721 offers $3,043/mo rent that, after a $2,021/mo payment, leaves $527/mo cash flow. Total monthly income is $3,043/mo, and annual cash flow is $6,319/yr on $136,850 cash. Return on cash invested measures 24.53% in year one, and rental yield stands at 8.85% at a $412,820 entry. Equity gained on principal adds $2,664/yr while 5% annual appreciation compounds into $114,055 by year five. Five-year ROI records 127.5% and total cumulative return in cash reaches $174,477. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,043/mo property income versus a $2,021/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2024
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28721, Clyde, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,347 (100%) |
| Owner Occupied HU | 3,430 (64.1%) |
| Renter Occupied HU | 1,122 (21.0%) |
| Vacant Housing Units | 795 (14.9%) |
| Median Home Value | $283,824 |
| Average Home Value | $335,403 |
Housing Distribution
Address Breakdown
Residential
4,925
Single Family
4,900
Multi-Family
25
Businesses
254
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Listed by: Whitney Thompson • D.R. Horton - Asheville
Mls Name: DR Horton
Mls Provider:
Mls ID: #N/A