948 Exeter DrSherrills 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 948 Exeter Dr, Sherrills Ford, NC, 28673 generates $3,078/mo in rent, after a $2,472/mo payment. Total monthly income is $3,078/mo. Return on cash invested sits at 20.06% in year one, and rental yield is 7.31% on a $505,000 entry. Equity gained on principal adds $3,259/yr, while 5% annual appreciation builds toward $139,522 over five years. Five-year ROI reaches 103.49% and total cumulative return in cash sums $171,942. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,078/mo property income rather than buyer’s personal income.
Single Family
Built in 2025
0.21 Acres 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: David Hodson • Properties of the Carolinas
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4325595