6807 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
Investment property for sale in Sims at 6807 Hardwick Ln, Sims, NC, 27880 listed at $263,241 pairs $2,009/mo rent with a $1,288/mo payment to leave $397/mo cash flow. Total monthly income runs $2,009/mo, and annual cash flow reaches $4,761/yr on $87,264 cash to close. Return on cash invested measures 25.37% in year one, and rental yield registers 9.16% at a $263,241 basis. Equity gained on principal adds $1,699/yr, and annual property appreciation at 5% supports $72,729 by year five. Five-year ROI tracks 132% and total cumulative return in cash totals $115,191. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,009/mo property income relative to a $1,288/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2024
10,018 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
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Nearby investment properties with comparable prices
Listed by: Dwayne Dixon • Glenwood Homes
Mls Name: Doorify MLS
Mls Provider:
Mls ID: #10019718
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