6656 Clyde King RdSeagroveNC27341
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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 Seagrove at 6656 Clyde King Rd, Seagrove, NC, 27341 earns $379/mo cash flow from $1,080/mo rent with a $563/mo payment. Total monthly income totals $1,080/mo, and annual cash flow totals $4,548/yr on $38,123 capital. ROI tracks 31.84% on current figures, and rental yield reads 11.27% at a $115,000 purchase. Equity gained on principal adds $742/yr, and 5% annual appreciation supports $31,772 over five years. Five-year ROI reaches 166.67% and total cumulative return in cash sums $63,537. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,080/mo property income instead of your personal income.
Manufactured
Built in 1998
1.12 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27341, Seagrove, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,445 (100%) |
| Owner Occupied HU | 1,815 (74.2%) |
| Renter Occupied HU | 377 (15.4%) |
| Vacant Housing Units | 253 (10.3%) |
| Median Home Value | $226,187 |
| Average Home Value | $256,629 |
Housing Distribution
Address Breakdown
Residential
2,161
Single Family
2,161
Multi-Family
0
Businesses
161
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Listed by: Billie Dunning • RE/MAX Central Realty
Mls Name: Triad MLS
Mls ID: #1187014