Shepherd Plan, Morgan HillsAlbemarleNC28001
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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 Albemarle at Shepherd Plan, Morgan Hills, Albemarle, NC, 28001 generates $2,628/mo in rent and, after a $1,624/mo payment, leaves $606/mo in cash flow. Total monthly income is $2,628/mo, and annual cash flow is $7,269/yr on $110,025 invested. Return on cash invested sits at 26.52% in year one, and rental yield is 9.5% on a $331,900 entry. Equity gained on principal adds $2,142/yr, while 5% annual appreciation builds toward $91,698 over five years. Five-year ROI reaches 138.15% and total cumulative return in cash sums $151,999. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,628/mo property income rather than buyer’s personal income.
Single Family
Built in 2026
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28001, Albemarle, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,711 (100%) |
| Owner Occupied HU | 8,131 (59.3%) |
| Renter Occupied HU | 4,293 (31.3%) |
| Vacant Housing Units | 1,287 ( 9.4%) |
| Median Home Value | $245,822 |
| Average Home Value | $280,577 |
Housing Distribution
Address Breakdown
Residential
12,225
Single Family
12,065
Multi-Family
160
Businesses
842
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Listed by: N/A • True Homes
Mls Name: True Homes
Mls Provider:
Mls ID: #N/A