1428 Woodford RdLewisvilleNC27023
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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 Lewisville at 1428 Woodford Rd, Lewisville, NC, 27023 offers a 7.96% rental yield on a $530,000 purchase with $3,517/mo rent. Total monthly income registers $3,517/mo, and a $2,594/mo payment leaves $287/mo available for distribution. Annual cash flow reaches $3,444/yr on $174,370 to close, and return on cash invested stands at 22.04% in year one. Equity gained on principal adds $3,420/yr while 5% annual appreciation supports $146,429 over five years. Portfolio math shows five-year ROI at 114.07% and total cumulative return in cash at $198,907. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,517/mo property income against a $2,594/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1989
1.16 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27023, Lewisville, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,965 (100%) |
| Owner Occupied HU | 4,746 (79.6%) |
| Renter Occupied HU | 816 (13.7%) |
| Vacant Housing Units | 403 ( 6.8%) |
| Median Home Value | $391,092 |
| Average Home Value | $494,701 |
Housing Distribution
Address Breakdown
Residential
5,550
Single Family
5,243
Multi-Family
307
Businesses
370
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Listed by: Teresa Blackburn • Keller Williams Realty Elite
Mls Name: Triad MLS
Mls ID: #1201990