8202 Joe Brown Highway SClarendonNC28432
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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 Clarendon at 8202 Joe Brown Highway S, Clarendon, NC, 28432 listed at $419,900 pairs $2,444/mo rent with a $2,055/mo payment. Total monthly income runs $2,444/mo. Return on cash invested measures 18.92% in year one, and rental yield registers 6.98% at a $419,900 basis. Equity gained on principal adds $2,710/yr, and annual property appreciation at 5% supports $116,011 by year five. Five-year ROI tracks 97.44% and total cumulative return in cash totals $135,636. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,444/mo property income relative to a $2,055/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1975
1.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28432, Clarendon, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 805 (100%) |
| Owner Occupied HU | 538 (66.8%) |
| Renter Occupied HU | 169 (21.0%) |
| Vacant Housing Units | 98 (12.2%) |
| Median Home Value | $212,821 |
| Average Home Value | $220,381 |
Housing Distribution
Address Breakdown
Residential
831
Single Family
831
Multi-Family
0
Businesses
23
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Listed by: Trent Burroughs • Burroughs & Company, LLC
Mls Name: Hive MLS
Mls ID: #100533053