15816 Sharon Dale DrDavidsonNC28036
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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 Davidson at 15816 Sharon Dale Dr, Davidson, NC, 28036 uses $106,080 cash to close to unlock $5,532/yr annual cash flow and $461/mo monthly cash flow. Total monthly income runs $2,411/mo, and a $1,566/mo payment keeps the spread at $461/mo. Purchase price stands at $320,000, and rental yield measures 9.04% with $2,411/mo rent. Return on cash invested shows 25.12% in year one, and 5% annual appreciation builds toward $88,410 over five years. Five-year ROI reaches 130.67% and total cumulative return in cash records $138,615. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,411/mo property income covering a $1,566/mo payment rather than investor’s personal income.
Townhouse
Built in 2013
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28036, Davidson, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,668 (100%) |
| Owner Occupied HU | 6,377 (73.6%) |
| Renter Occupied HU | 1,815 (20.9%) |
| Vacant Housing Units | 476 ( 5.5%) |
| Median Home Value | $642,522 |
| Average Home Value | $712,496 |
Housing Distribution
Address Breakdown
Residential
8,387
Single Family
6,927
Multi-Family
1,460
Businesses
653
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Listed by: Scott David • Milemma Realty
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4311088