A1 Plan, WaterstoneLake NormanNC28673
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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 Lake Norman at A1 Plan, Waterstone, Lake Norman, NC, 28673 offers $2,254/mo rent that, after a $1,884/mo payment. Total monthly income is $2,254/mo. Return on cash invested measures 19.04% in year one, and rental yield stands at 7.03% at a $384,990 entry. Equity gained on principal adds $2,484/yr while 5% annual appreciation compounds into $106,366 by year five. Five-year ROI records 98.12% and total cumulative return in cash reaches $125,227. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,254/mo property income versus a $1,884/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Townhouse
Built in 2026
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: N/A • Century Communities
Mls Name: Century Communities
Mls Provider:
Mls ID: #N/A