1982 Smokey Quartz RdDavidsonNC28036
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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 1982 Smokey Quartz Rd, Davidson, NC, 28036 earns $908/mo cash flow from $5,022/mo rent with a $3,304/mo payment. Total monthly income totals $5,022/mo, and annual cash flow totals $10,896/yr on $222,075 capital. ROI tracks 24.97% on current figures, and rental yield reads 8.93% at a $675,000 purchase. Equity gained on principal adds $4,356/yr, and 5% annual appreciation supports $186,490 over five years. Five-year ROI reaches 129.8% and total cumulative return in cash sums $288,255. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $5,022/mo property income instead of your personal income.
Single Family
Built in 2017
0.26 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: Kindra Taplin • EXP Realty LLC
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4303212