609 Sir Knight CtClemmonsNC27012
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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 Clemmons at 609 Sir Knight Ct, Clemmons, NC, 27012 offers $2,278/mo rent that, after a $1,224/mo payment, leaves $754/mo cash flow. Total monthly income is $2,278/mo, and annual cash flow is $9,048/yr on $82,875 cash. Return on cash invested measures 30.83% in year one, and rental yield stands at 10.93% at a $250,000 entry. Equity gained on principal adds $1,613/yr while 5% annual appreciation compounds into $69,070 by year five. Five-year ROI records 161.26% and total cumulative return in cash reaches $133,642. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,278/mo property income versus a $1,224/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1992
0.14 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27012, Clemmons, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,212 (100%) |
| Owner Occupied HU | 10,270 (77.7%) |
| Renter Occupied HU | 2,418 (18.3%) |
| Vacant Housing Units | 524 ( 4.0%) |
| Median Home Value | $350,790 |
| Average Home Value | $395,050 |
Housing Distribution
Address Breakdown
Residential
12,810
Single Family
11,811
Multi-Family
999
Businesses
1,126
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Listed by: Lee Ross • Long & Foster Real Estate, Inc
Mls Name: Triad MLS
Mls ID: #1197988