Newberry Plan, The Meadows at Laurelbrook, Sherrills Ford, NC, 28673 | $516/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

4 Bed
2 Bath
2846 sft

787 Startown Rd, Lincolnton, NC, 28092

4 Bed
3 Bath
1560 sft

110 Weymouth Ave, Troutman, NC, 28166

3 Bed
2 Bath
1361 sft

13624 Harvest Point Dr, Huntersville, NC, 28078

3 Bed
2 Bath
1395 sft

18700 Nautical Dr APT 302, Cornelius, NC, 28031

Nearby investment properties with comparable prices

5 Bed
3 Bath
3154 sft

102 2nd St SW #1, Catawba, NC, 28609

3 Bed
3 Bath
2175 sft

117 Meadow View Dr, Statesville, NC, 28677

3 Bed
3 Bath
2175 sft

242 Giant Oak Ave, Statesville, NC, 28677

3 Bed
3 Bath
1752 sft

224 Hillcrest Dr, Mooresville, NC, 28115

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

Explore more listings using simple english

Investment Highlights

Rental property for sale in Sherrills Ford at Newberry Plan, The Meadows at Laurelbrook, Sherrills Ford, NC, 28673 offers $3,000/mo rent that, after a $1,995/mo payment, leaves $516/mo cash flow. Total monthly income is $3,000/mo, and annual cash flow is $6,192/yr on $135,086 cash. Return on cash invested measures 24.49% in year one, and rental yield stands at 8.83% at a $407,500 entry. Equity gained on principal adds $2,630/yr while 5% annual appreciation compounds into $112,585 by year five. Five-year ROI records 127.29% and total cumulative return in cash reaches $171,955. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,000/mo property income versus a $1,995/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.

Single Family

Built in 2025

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