Primrose 1741 - Without Homesite Plan, Davidson PondMooresvilleNC28115
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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
34% in year one. Equity gained on principal adds $11,969/yr, and five-year appreciation sums $512,447 alongside rental yield of 1.47%. Five-year ROI measures 8.38% and total cumulative return in cash totals $50,360. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,272/mo property income versus a $9,078/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28115, Mooresville, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,468 (100%) |
| Owner Occupied HU | 13,451 (69.1%) |
| Renter Occupied HU | 4,839 (24.9%) |
| Vacant Housing Units | 1,178 ( 6.1%) |
| Median Home Value | $385,269 |
| Average Home Value | $431,366 |
Housing Distribution
Address Breakdown
Residential
18,482
Single Family
17,911
Multi-Family
571
Businesses
1,313
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Listed by: N/A • AR Homes - Monterey Bay LLC
Mls Name: AR Homes - Monterey Bay LLC
Mls ID: #N/A