2015 Terrapin StIndian 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 2015 Terrapin St, Indian Trail, NC, 28079 earns from $3,008/mo rent with a $2,442/mo payment. Total monthly income totals $3,008/mo. ROI tracks 19.67% on current figures, and rental yield reads 7.23% at a $499,000 purchase. Equity gained on principal adds $3,220/yr, and 5% annual appreciation supports $137,865 over five years. Five-year ROI reaches 101.46% and total cumulative return in cash sums $167,826. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,008/mo property income instead of your personal income.
Single Family
Built in 2008
0.18 Acres lot
$N/A/sqft
No 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: Rhonda Brown-Lawrence • COMPASS
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4312478