1404 Sherwood DrReidsvilleNC27320
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Reidsville at 1404 Sherwood Dr, Reidsville, NC, 27320 listed at $379,000 pairs $2,928/mo rent with a $1,855/mo payment to leave $618/mo cash flow. Total monthly income runs $2,928/mo, and annual cash flow reaches $7,418/yr on $125,639 cash to close. Return on cash invested measures 25.81% in year one, and rental yield registers 9.27% at a $379,000 basis. Equity gained on principal adds $2,446/yr, and annual property appreciation at 5% supports $104,711 by year five. Five-year ROI tracks 134.4% and total cumulative return in cash totals $168,863. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,928/mo property income relative to a $1,855/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2000
0.46 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27320, Reidsville, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,514 (100%) |
| Owner Occupied HU | 11,438 (61.8%) |
| Renter Occupied HU | 5,253 (28.4%) |
| Vacant Housing Units | 1,823 ( 9.8%) |
| Median Home Value | $212,764 |
| Average Home Value | $265,031 |
Housing Distribution
Address Breakdown
Residential
17,206
Single Family
15,903
Multi-Family
1,303
Businesses
912
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Scott Hackett • Keller Williams One
Mls Name: Triad MLS
Mls ID: #1195520