Freeport Plan, SilversteinSalisburyNC28147
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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 Salisbury at Freeport Plan, Silverstein, Salisbury, NC, 28147 uses $111,381 cash to close to unlock $1,330/yr annual cash flow and $111/mo monthly cash flow. Total monthly income runs $2,159/mo, and a $1,645/mo payment keeps the spread at $111/mo. Purchase price stands at $335,990, and rental yield measures 7.71% with $2,159/mo rent. Return on cash invested shows 21.1% in year one, and 5% annual appreciation builds toward $92,828 over five years. Five-year ROI reaches 109.13% and total cumulative return in cash records $121,555. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,159/mo property income covering a $1,645/mo payment rather than investor’s personal income.
Single Family
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28147, Salisbury, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,649 (100%) |
| Owner Occupied HU | 6,894 (59.2%) |
| Renter Occupied HU | 3,774 (32.4%) |
| Vacant Housing Units | 981 ( 8.4%) |
| Median Home Value | $269,779 |
| Average Home Value | $295,947 |
Housing Distribution
Address Breakdown
Residential
10,954
Single Family
9,801
Multi-Family
1,153
Businesses
650
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Listed by: N/A • D.R. Horton
Mls Name: DR Horton
Mls Provider:
Mls ID: #N/A