1124 Yellow Springs DrHuntersvilleNC28078
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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 1124 Yellow Springs Dr, Huntersville, NC, 28078 offers a 5.25% rental yield on a $736,010 purchase with $3,222/mo rent. 26% in year one. Equity gained on principal adds $4,749/yr while 5% annual appreciation supports $203,346 over five years. Portfolio math shows five-year ROI at 67.22% and total cumulative return in cash at $162,761. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,222/mo property income against a $3,602/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2024
0.15 Acres lot
$N/A/sqft
$327 quarterly 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: Alan Beulah • M/I Homes
Mls Name: Canopy MLS as distributed by MLS GRID
Mls Provider:
Mls ID: #4162381
Disclaimer: Based on information submitted to the MLS GRID as of 2024-01-24 10:55:15 PST. 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](/info/mls-disclaimers/#mls_87)