168 Harper Lee StDavidsonNC28036
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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 168 Harper Lee St, Davidson, NC, 28036 earns from $3,046/mo rent with a $3,372/mo payment. Total monthly income totals $3,046/mo. ROI tracks 13.96% on current figures, and rental yield reads 5.31% at a $689,000 purchase. Equity gained on principal adds $4,446/yr, and 5% annual appreciation supports $190,358 over five years. Five-year ROI reaches 70.78% and total cumulative return in cash sums $160,446. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,046/mo property income instead of your personal income.
Townhouse
Built in 2004
0.07 Acres 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: Ashley Richardson • Allen Tate Lake Norman
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4295618