7869 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 7869 Iron Rd, Sherrills Ford, NC, 28673 with 5% annual appreciation on a $371,205 basis while $2,843/mo rent supports operations. Total monthly income totals $2,843/mo and a $1,817/mo payment preserves $581/mo for cash returns. Annual cash flow comes to $6,967/yr on $123,054 deployed, and return on cash invested reaches 25.57% in year one. Equity gained on principal adds $2,395/yr, and five-year appreciation sums $102,557 alongside rental yield of 9.19%. Five-year ROI measures 133.08% and total cumulative return in cash totals $163,763.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,843/mo property income versus a $1,817/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
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