3903 Etheredge 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 3903 Etheredge St, Indian Trail, NC, 28079 earns $52/mo cash flow from $2,728/mo rent with a $2,149/mo payment. Total monthly income totals $2,728/mo, and annual cash flow totals $626/yr on $145,529 capital. ROI tracks 20.34% on current figures, and rental yield reads 7.46% at a $439,000 purchase. Equity gained on principal adds $2,833/yr, and 5% annual appreciation supports $121,288 over five years. Five-year ROI reaches 105.04% and total cumulative return in cash sums $152,864. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,728/mo property income instead of your personal income.
Single Family
Built in 1994
0.25 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: Myra Morton • NextHome Paramount
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4298938