4231 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 4231 Steel Way, Sherrills Ford, NC, 28673 earns $462/mo cash flow from $2,843/mo rent with a $1,912/mo payment. Total monthly income totals $2,843/mo, and annual cash flow totals $5,546/yr on $129,515 capital. ROI tracks 24.19% on current figures, and rental yield reads 8.73% at a $390,695 purchase. Equity gained on principal adds $2,521/yr, and 5% annual appreciation supports $107,942 over five years. Five-year ROI reaches 125.7% and total cumulative return in cash sums $162,802. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,843/mo property income instead of your personal income.
Townhouse
Built in 2025
N/A 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: N/A • D.R. Horton
Mls Name: DR Horton
Mls Provider:
Mls ID: #N/A