7563 Bridle CtSherrills 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
Rental property for sale in Sherrills Ford at 7563 Bridle Ct, Sherrills Ford, NC, 28673 priced at $359,000 pairs $2,687/mo rent with $499/mo cash flow after a $1,757/mo payment. Total monthly income equals $2,687/mo, and annual cash flow comes to $5,990/yr on $119,009 invested. Return on cash invested is 24.94% in year one, and rental yield stands at 8.98% on a $359,000 basis. Equity gained on principal adds $2,317/yr, and 5% annual appreciation accumulates to $99,185 by year five. Five-year ROI measures 129.73% and total cumulative return in cash reaches $154,387. For financing, Ziffy Mortgage’s DSCR program evaluates $2,687/mo property income against a $1,757/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2024
0.65 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: Nick Tyson • Tyson Sold
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4327959