Sullivan Plan, Cross CreekSimsNC27880
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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 Sims at Sullivan Plan, Cross Creek, Sims, NC, 27880 listed at $469,900 pairs $3,264/mo rent with a $2,300/mo payment to leave $400/mo cash flow. Total monthly income runs $3,264/mo, and annual cash flow reaches $4,801/yr on $155,772 cash to close. Return on cash invested measures 22.99% in year one, and rental yield registers 8.34% at a $469,900 basis. Equity gained on principal adds $3,032/yr, and annual property appreciation at 5% supports $129,825 by year five. Five-year ROI tracks 119.27% and total cumulative return in cash totals $185,786. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,264/mo property income relative to a $2,300/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
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
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Listed by: N/A • Fortner Homes
Mls Name: Fortner Homes
Mls Provider:
Mls ID: #N/A