817 Southwest DrDavidsonNC28036
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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 Davidson at 817 Southwest Dr, Davidson, NC, 28036 offers a 4.65% rental yield on a $760,000 purchase with $2,946/mo rent. 97% in year one. Equity gained on principal adds $4,904/yr while 5% annual appreciation supports $209,974 over five years. Portfolio math shows five-year ROI at 60.1% and total cumulative return in cash at $150,265. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,946/mo property income against a $3,720/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1988
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28036, Davidson, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,668 (100%) |
| Owner Occupied HU | 6,377 (73.6%) |
| Renter Occupied HU | 1,815 (20.9%) |
| Vacant Housing Units | 476 ( 5.5%) |
| Median Home Value | $642,522 |
| Average Home Value | $712,496 |
Housing Distribution
Address Breakdown
Residential
8,387
Single Family
6,927
Multi-Family
1,460
Businesses
653
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Listed by: Neal Crites • Crites Real Estate
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4287616