417 Foxglove 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
Rental property for sale in Indian Trail at 417 Foxglove Ln, Indian Trail, NC, 28079 offers $4,837/mo rent that, after a $4,478/mo payment. Total monthly income is $4,837/mo. Return on cash invested measures 17.11% in year one, and rental yield stands at 6.34% at a $914,900 entry. Equity gained on principal adds $5,904/yr while 5% annual appreciation compounds into $252,770 by year five. Five-year ROI records 87.71% and total cumulative return in cash reaches $264,010. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,837/mo property income versus a $4,478/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1998
2.28 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: Dan Jones • Carolina Real Estate Experts The Dan Jones Group
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4296374