7863 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
Rental property for sale in Sherrills Ford at 7863 Iron Rd, Sherrills Ford, NC, 28673 priced at $382,505 pairs $2,843/mo rent with $512/mo cash flow after a $1,872/mo payment. Total monthly income equals $2,843/mo, and annual cash flow comes to $6,144/yr on $126,800 invested. Return on cash invested is 24.75% in year one, and rental yield stands at 8.92% on a $382,505 basis. Equity gained on principal adds $2,468/yr, and 5% annual appreciation accumulates to $105,679 by year five. Five-year ROI measures 128.68% and total cumulative return in cash reaches $163,171. For financing, Ziffy Mortgage’s DSCR program evaluates $2,843/mo property income against a $1,872/mo payment instead of your W2s, 1099s, or Tax returns.
Townhouse
Built in 2025
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 & Lyndsay- Online Concierge Team • D.R. Horton - Charlotte North
Mls Name: DR Horton
Mls Provider:
Mls ID: #N/A