8662 Buckhorn Plantation RoadSimsNC27880
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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 Sims at 8662 Buckhorn Plantation Road, Sims, NC, 27880 offers a 9.63% rental yield on a $465,500 purchase with $3,737/mo rent. Total monthly income registers $3,737/mo, and a $2,278/mo payment leaves $900/mo available for distribution. Annual cash flow reaches $10,805/yr on $154,313 to close, and return on cash invested stands at 26.91% in year one. Equity gained on principal adds $3,004/yr while 5% annual appreciation supports $128,609 over five years. Portfolio math shows five-year ROI at 140.27% and total cumulative return in cash at $216,456. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,737/mo property income against a $2,278/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2022
1.59 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27880, Sims, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,426 (100%) |
| Owner Occupied HU | 1,053 (73.8%) |
| Renter Occupied HU | 219 (15.4%) |
| Vacant Housing Units | 154 (10.8%) |
| Median Home Value | $286,111 |
| Average Home Value | $296,854 |
Housing Distribution
Address Breakdown
Residential
1,331
Single Family
1,331
Multi-Family
0
Businesses
60
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Listed by: Kyle Rank • Mark Spain Real Estate
Mls Name: Hive MLS
Mls ID: #100540518