12323 Cross Meadow RdHuntersvilleNC28078
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 Huntersville at 12323 Cross Meadow Rd, Huntersville, NC, 28078 uses $107,738 cash to close to unlock $1,056/yr annual cash flow and $88/mo monthly cash flow. Total monthly income runs $2,069/mo, and a $1,591/mo payment keeps the spread at $88/mo. Purchase price stands at $325,000, and rental yield measures 7.64% with $2,069/mo rent. Return on cash invested shows 20.89% in year one, and 5% annual appreciation builds toward $89,792 over five years. Five-year ROI reaches 107.95% and total cumulative return in cash records $116,305. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,069/mo property income covering a $1,591/mo payment rather than investor’s personal income.
Single Family
Built in 2005
0.07 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Norma Mckee • Premier South
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4319500