321 Kona LnIndian 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 321 Kona Ln, Indian Trail, NC, 28079 with 5% annual appreciation on a $299,900 basis while $2,106/mo rent supports operations. Total monthly income totals $2,106/mo and a $1,468/mo payment preserves $278/mo for cash returns. Annual cash flow comes to $3,337/yr on $99,417 deployed, and return on cash invested reaches 23.27% in year one. Equity gained on principal adds $1,935/yr, and five-year appreciation sums $82,857 alongside rental yield of 8.43%. Five-year ROI measures 120.77% and total cumulative return in cash totals $120,064.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,106/mo property income versus a $1,468/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Townhouse
Built in 2021
N/A 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: Rosemara Espinoza • COMPASS
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4330442