6710 Hardwick LnSimsNC27880
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 Sims at 6710 Hardwick Ln, Sims, NC, 27880 priced at $277,470 converts $2,034/mo rent into $335/mo cash flow after a $1,358/mo obligation. Total monthly income equals $2,034/mo, and annual cash flow totals $4,017/yr on $91,981 invested. Return on cash invested prints 24.28% in year one, and rental yield reads 8.8% against a $277,470 entry. Equity gained on principal adds $1,790/yr, while 5% annual appreciation compiles into $76,660 by year five. Five-year ROI reaches 126.18% and total cumulative return in cash sums $116,058. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,034/mo property income covering a $1,358/mo payment, not borrower’s personal income.
Single Family
Built in 2025
10,454 sqft lot
$N/A/sqft
$100 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27880, Sims, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,426 (100%) |
| Owner Occupied HU | 1,053 (73.8%) |
| Renter Occupied HU | 219 (15.4%) |
| Vacant Housing Units | 154 (10.8%) |
| Median Home Value | $286,111 |
| Average Home Value | $296,854 |
Housing Distribution
Address Breakdown
Residential
1,331
Single Family
1,331
Multi-Family
0
Businesses
60
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jeanna Chain • Chanticleer Properties LLC
Mls Name: Doorify MLS
Mls Provider:
Mls ID: #10076406
Disclaimer: Some IDX listings have been excluded from this IDX display. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. The listing broker shall not be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers personal, non-commercial use. Closed (sold) listings may have been listed and/or sold by a real estate firm other than the firm(s) featured on this website. Closed data is not available until the sale of the property is recorded in the MLS. Home sale data is not an appraisal, CMA, competitive or comparative market analysis, or home valuation of any property. Listings marked with a Doorify MLS icon are provided courtesy of the Doorify MLS, of North Carolina, Internet Data Exchange Database. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. The listing broker shall not be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers personal, non-commercial use. Copyright 2025 Doorify MLS of North Carolina. All rights reserved.