610 Frye Bridge RdClemmonsNC27012
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
Investment property for sale in Clemmons at 610 Frye Bridge Rd, Clemmons, NC, 27012 with 5% annual appreciation on a $280,000 basis while $2,100/mo rent supports operations. Total monthly income totals $2,100/mo and a $1,370/mo payment preserves $394/mo for cash returns. Annual cash flow comes to $4,728/yr on $92,820 deployed, and return on cash invested reaches 25% in year one. Equity gained on principal adds $1,807/yr, and five-year appreciation sums $77,359 alongside rental yield of 9%. Five-year ROI measures 130.03% and total cumulative return in cash totals $120,693.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,100/mo property income versus a $1,370/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1964
1.61 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: James Kirchner • Mark Spain Real Estate
Mls Name: Triad MLS
Mls ID: #1185334