3005 Council Fire CirIndian 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 3005 Council Fire Cir, Indian Trail, NC, 28079 uses $157,429 cash to close to unlock $4,057/yr annual cash flow and $338/mo monthly cash flow. Total monthly income runs $3,232/mo, and a $2,324/mo payment keeps the spread at $338/mo. Purchase price stands at $474,900, and rental yield measures 8.17% with $3,232/mo rent. Return on cash invested shows 22.49% in year one, and 5% annual appreciation builds toward $131,206 over five years. Five-year ROI reaches 116.55% and total cumulative return in cash records $183,491. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,232/mo property income covering a $2,324/mo payment rather than investor’s personal income.
Single Family
Built in 2004
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: Carmen Reitzel • RE/MAX Executive
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4329437