7486 Clinton RdStedmanNC28391
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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
Total monthly income runs $1,547/mo, and a $1,541/mo payment. Purchase price stands at $314,900, and rental yield measures 5.9% with $1,547/mo rent. Return on cash invested shows 15.63% in year one, and 5% annual appreciation builds toward $87,001 over five years. Five-year ROI reaches 79.82% and total cumulative return in cash records $83,326. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,547/mo property income covering a $1,541/mo payment rather than investor’s personal income.
Single Family
Built in 1927
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28391, Stedman, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,583 (100%) |
| Owner Occupied HU | 1,877 (72.7%) |
| Renter Occupied HU | 488 (18.9%) |
| Vacant Housing Units | 218 ( 8.4%) |
| Median Home Value | $246,369 |
| Average Home Value | $247,255 |
Housing Distribution
Address Breakdown
Residential
2,431
Single Family
2,407
Multi-Family
24
Businesses
122
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Listed by: MAE SIMPSON • SIMPSON REAL ESTATE
Mls Name: LPRMLS
Mls ID: #754009