409 Stonewater Bay LnMount HollyNC28120
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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 Mount Holly at 409 Stonewater Bay Ln, Mount Holly, NC, 28120 earns from $3,959/mo rent with a $4,058/mo payment. Total monthly income totals $3,959/mo. ROI tracks 15.25% on current figures, and rental yield reads 5.73% at a $829,000 purchase. Equity gained on principal adds $5,349/yr, and 5% annual appreciation supports $229,037 over five years. Five-year ROI reaches 77.7% and total cumulative return in cash sums $211,912. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,959/mo property income instead of your personal income.
Single Family
Built in 2006
0.60 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28120, Mount Holly, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,511 (100%) |
| Owner Occupied HU | 8,249 (71.7%) |
| Renter Occupied HU | 2,623 (22.8%) |
| Vacant Housing Units | 639 ( 5.6%) |
| Median Home Value | $350,350 |
| Average Home Value | $385,667 |
Housing Distribution
Address Breakdown
Residential
10,633
Single Family
10,373
Multi-Family
260
Businesses
473
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Listed by: Lori Witham • COMPASS
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4301466