71 London LnClydeNC28721
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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 71 London Ln, Clyde, NC, 28721 priced at $289,000 pairs $1,789/mo rent with $27/mo cash flow after a $1,415/mo payment. Total monthly income equals $1,789/mo, and annual cash flow comes to $326/yr on $95,804 invested. Return on cash invested is 20.25% in year one, and rental yield stands at 7.43% on a $289,000 basis. Equity gained on principal adds $1,865/yr, and 5% annual appreciation accumulates to $79,845 by year five. Five-year ROI measures 104.58% and total cumulative return in cash reaches $100,190. For financing, Ziffy Mortgage’s DSCR program evaluates $1,789/mo property income against a $1,415/mo payment instead of your W2s, 1099s, or Tax returns.
Manufactured
Built in 2002
0.50 Acres 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: Jessica Kitsos • WEICHERT, Realtors - Unlimited
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4321164