4121 Steel WaySherrills 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 4121 Steel Way, Sherrills Ford, NC, 28673 listed at $365,900 pairs $2,593/mo rent with a $1,791/mo payment to leave $363/mo cash flow. Total monthly income runs $2,593/mo, and annual cash flow reaches $4,355/yr on $121,296 cash to close. Return on cash invested measures 23.5% in year one, and rental yield registers 8.5% at a $365,900 basis. Equity gained on principal adds $2,361/yr, and annual property appreciation at 5% supports $101,091 by year five. Five-year ROI tracks 121.97% and total cumulative return in cash totals $147,950. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,593/mo property income relative to a $1,791/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Townhouse
Built in 2022
0.08 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: Alyssa Roccanti • Savvy + Co Real Estate
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4305812