The Harrington Plan, WinecoffSalisburyNC28147
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
Investment property for sale in Salisbury at The Harrington Plan, Winecoff, Salisbury, NC, 28147 earns $197/mo cash flow from $2,159/mo rent with a $1,576/mo payment. Total monthly income totals $2,159/mo, and annual cash flow totals $2,359/yr on $106,740 capital. ROI tracks 22.12% on current figures, and rental yield reads 8.05% at a $321,990 purchase. Equity gained on principal adds $2,078/yr, and 5% annual appreciation supports $88,960 over five years. Five-year ROI reaches 114.6% and total cumulative return in cash sums $122,320. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,159/mo property income instead of your personal income.
Single Family
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28147, Salisbury, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,649 (100%) |
| Owner Occupied HU | 6,894 (59.2%) |
| Renter Occupied HU | 3,774 (32.4%) |
| Vacant Housing Units | 981 ( 8.4%) |
| Median Home Value | $269,779 |
| Average Home Value | $295,947 |
Housing Distribution
Address Breakdown
Residential
10,954
Single Family
9,801
Multi-Family
1,153
Businesses
650
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Listed by: N/A • Smith Douglas Homes
Mls Name: Smith Douglas Homes
Mls Provider:
Mls ID: #N/A