518 Armour 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
Investment property for sale in Davidson at 518 Armour St, Davidson, NC, 28036 at $214,820 posts ROI 27.28% with $437/mo cash flow from $1,746/mo rent. Total monthly income equals $1,746/mo, and annual cash flow records $5,247/yr on $71,213 to close. Return on cash invested measures 27.28% and rental yield reads 9.75% at the current $214,820. Equity gained on principal adds $1,386/yr, and 5% annual appreciation supports $59,351 by year five. Five-year ROI prints 142.28% and total cumulative return in cash totals $101,321.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,746/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Townhouse
Built in 2010
N/A 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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Nearby investment properties with comparable prices
Listed by: Javier Sims Davila • Southern Homes of the Carolinas, Inc
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4331109