Penwell Plan, Patton CoveClydeNC28721
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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 Penwell Plan, Patton Cove, Clyde, NC, 28721 with 5% annual appreciation on a $401,990 basis while $3,382/mo rent supports operations. Total monthly income totals $3,382/mo and a $1,968/mo payment preserves $932/mo for cash returns. Annual cash flow comes to $11,179/yr on $133,260 deployed, and return on cash invested reaches 28.3% in year one. Equity gained on principal adds $2,594/yr, and five-year appreciation sums $111,062 alongside rental yield of 10.1%. Five-year ROI measures 147.71% and total cumulative return in cash totals $196,841.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,382/mo property income versus a $1,968/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2025
N/A 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: N/A • D.R. Horton
Mls Name: DR Horton
Mls Provider:
Mls ID: #N/A