1029 Merganser WayIndian TrailNC28079
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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 Indian Trail at 1029 Merganser Way, Indian Trail, NC, 28079 earns from $2,876/mo rent with a $2,827/mo payment. Total monthly income totals $2,876/mo. ROI tracks 15.56% on current figures, and rental yield reads 5.97% at a $577,630 purchase. Equity gained on principal adds $3,727/yr, and 5% annual appreciation supports $159,589 over five years. Five-year ROI reaches 79.53% and total cumulative return in cash sums $151,148. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,876/mo property income instead of your personal income.
Single Family
Built in 2025
0.19 Acres lot
$N/A/sqft
$204 quarterly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28079, Indian Trail, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,681 (100%) |
| Owner Occupied HU | 12,575 (80.2%) |
| Renter Occupied HU | 2,629 (16.8%) |
| Vacant Housing Units | 477 ( 3.0%) |
| Median Home Value | $397,170 |
| Average Home Value | $459,396 |
Housing Distribution
Address Breakdown
Residential
16,142
Single Family
15,637
Multi-Family
505
Businesses
1,480
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Listed by: Michelle Womaski • DR Horton Inc
Mls Name: Canopy MLS as distributed by MLS GRID
Mls Provider:
Mls ID: #4237302
Disclaimer: Based on information submitted to the MLS GRID as of 2025-03-24 08:38:03 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. [Click here for more information](/mls-disclaimers/#87)