3578 Big Timber 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 3578 Big Timber Dr, Sherrills Ford, NC, 28673 listed at $550,000 pairs $2,128/mo rent with a $2,692/mo payment. Total monthly income runs $2,128/mo. Return on cash invested measures 11.94% in year one, and rental yield registers 4.64% at a $550,000 basis. Equity gained on principal adds $3,549/yr, and annual property appreciation at 5% supports $151,955 by year five. Five-year ROI tracks 59.96% and total cumulative return in cash totals $108,490. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,128/mo property income relative to a $2,692/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Manufactured
Built in 2008
0.53 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: Marty McCarthy • Lake Norman Realty, Inc.
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4300950