Mchenry Plan, Mill Stone Creek : Carolina CollectionSimsNC27880
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Sims at Mchenry Plan, Mill Stone Creek: Carolina Collection, Sims, NC, 27880 priced at $282,990 pairs $2,034/mo rent with $309/mo cash flow after a $1,385/mo payment. Total monthly income equals $2,034/mo, and annual cash flow comes to $3,713/yr on $93,811 invested. Return on cash invested is 23.87% in year one, and rental yield stands at 8.63% on a $282,990 basis. Equity gained on principal adds $1,826/yr, and 5% annual appreciation accumulates to $78,185 by year five. Five-year ROI measures 123.96% and total cumulative return in cash reaches $116,291. For financing, Ziffy Mortgage’s DSCR program evaluates $2,034/mo property income against a $1,385/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2025
N/A 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • Lennar
Mls Name: Lennar Homes
Mls Provider:
Mls ID: #N/A