868 Mulberry StClydeNC28721
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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 Clyde at 868 Mulberry St, Clyde, NC, 28721 earns from $2,300/mo rent with a $2,863/mo payment. Total monthly income totals $2,300/mo. ROI tracks 12.17% on current figures, and rental yield reads 4.72% at a $585,000 purchase. Equity gained on principal adds $3,775/yr, and 5% annual appreciation supports $161,625 over five years. Five-year ROI reaches 61.19% and total cumulative return in cash sums $117,774. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,300/mo property income instead of your personal income.
Single Family
Built in 1963
0.38 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: Hope Byrd • Allen Tate/Beverly-Hanks Asheville-Biltmore Park
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4301265