11219 James Coy RdHuntersvilleNC28078
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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 Huntersville at 11219 James Coy Rd, Huntersville, NC, 28078 uses $180,950 cash to close to unlock $2,268/yr annual cash flow and $189/mo monthly cash flow. Total monthly income runs $3,541/mo, and a $2,692/mo payment keeps the spread at $189/mo. Purchase price stands at $550,000, and rental yield measures 7.73% with $3,541/mo rent. Return on cash invested shows 21.31% in year one, and 5% annual appreciation builds toward $151,955 over five years. Five-year ROI reaches 110.2% and total cumulative return in cash records $199,414. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,541/mo property income covering a $2,692/mo payment rather than investor’s personal income.
Single Family
Built in 2022
0.10 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28078, Huntersville, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 29,228 (100%) |
| Owner Occupied HU | 20,206 (69.1%) |
| Renter Occupied HU | 7,791 (26.7%) |
| Vacant Housing Units | 1,231 ( 4.2%) |
| Median Home Value | $504,433 |
| Average Home Value | $563,220 |
Housing Distribution
Address Breakdown
Residential
29,426
Single Family
26,004
Multi-Family
3,422
Businesses
1,257
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Listed by: Phil Puma • Puma & Associates Realty, Inc.
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4318731