7854 Iron RdSherrills 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 7854 Iron Rd, Sherrills Ford, NC, 28673 at $388,515 posts ROI 24% with $439/mo cash flow from $2,807/mo rent. Total monthly income equals $2,807/mo, and annual cash flow records $5,265/yr on $128,793 to close. Return on cash invested measures 24% and rental yield reads 8.67% at the current $388,515. Equity gained on principal adds $2,507/yr, and 5% annual appreciation supports $107,340 by year five. Five-year ROI prints 124.64% and total cumulative return in cash totals $160,522.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,807/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Townhouse
Built in 2024
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: Theresa & Tricia - Online Concierge Team • D.R. Horton - Charlotte North
Mls Name: DR Horton
Mls Provider:
Mls ID: #N/A