1489 Ardmore DrSherrills FordNC28673
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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 Sherrills Ford at 1489 Ardmore Dr, Sherrills Ford, NC, 28673 offers a 10.96% rental yield on a $328,615 purchase with $3,000/mo rent. Total monthly income registers $3,000/mo, and a $1,608/mo payment leaves $998/mo available for distribution. Annual cash flow reaches $11,972/yr on $108,936 to close, and return on cash invested stands at 30.9% in year one. Equity gained on principal adds $2,121/yr while 5% annual appreciation supports $90,790 over five years. Portfolio math shows five-year ROI at 161.66% and total cumulative return in cash at $176,108. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,000/mo property income against a $1,608/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2026
0.15 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28673, Sherrills Ford, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,481 (100%) |
| Owner Occupied HU | 2,923 (65.2%) |
| Renter Occupied HU | 709 (15.8%) |
| Vacant Housing Units | 849 (18.9%) |
| Median Home Value | $465,312 |
| Average Home Value | $584,625 |
Housing Distribution
Address Breakdown
Residential
3,780
Single Family
3,780
Multi-Family
0
Businesses
172
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Listed by: Maria Bansal • SM North Carolina Brokerage LLC
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4340293