90 Alexander LaneClintonNC28328
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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 Clinton at 90 Alexander Lane, Clinton, NC, 28328 listed at $149,900 pairs $1,153/mo rent with a $734/mo payment to leave $239/mo cash flow. Total monthly income runs $1,153/mo, and annual cash flow reaches $2,869/yr on $49,692 cash to close. Return on cash invested measures 25.68% in year one, and rental yield registers 9.23% at a $149,900 basis. Equity gained on principal adds $967/yr, and annual property appreciation at 5% supports $41,415 by year five. Five-year ROI tracks 133.76% and total cumulative return in cash totals $66,467. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,153/mo property income relative to a $734/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Manufactured
Built in 1998
1.03 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28328, Clinton, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,027 (100%) |
| Owner Occupied HU | 6,536 (59.3%) |
| Renter Occupied HU | 3,368 (30.5%) |
| Vacant Housing Units | 1,123 (10.2%) |
| Median Home Value | $186,580 |
| Average Home Value | $239,678 |
Housing Distribution
Address Breakdown
Residential
11,006
Single Family
10,779
Multi-Family
227
Businesses
839
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Listed by: Michael A Lindsay • Clinton Realty Co.
Mls Name: Hive MLS
Mls ID: #100536982