3301 Brackhill StDavidsonNC28036
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Rental property for sale in Davidson at 3301 Brackhill St, Davidson, NC, 28036 priced at $590,000 converts $3,298/mo rent into after a $2,888/mo obligation. Total monthly income equals $3,298/mo. Return on cash invested prints 17.79% in year one, and rental yield reads 6.71% against a $590,000 entry. Equity gained on principal adds $3,807/yr, while 5% annual appreciation compiles into $163,006 by year five. Five-year ROI reaches 91.45% and total cumulative return in cash sums $177,508. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,298/mo property income covering a $2,888/mo payment, not borrower’s personal income.
Single Family
Built in 2009
0.18 Acres lot
$N/A/sqft
$210 quarterly 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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Nearby investment properties with comparable prices
Listed by: Heather Flohr • Helen Adams Realty
Mls Name: Canopy MLS as distributed by MLS GRID
Mls Provider:
Mls ID: #4232052
Disclaimer: Based on information submitted to the MLS GRID as of 2025-03-13 17:33:45 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. [Click here for more information](/mls-disclaimers/#87)