508 Hearthstone WayHorse ShoeNC28742
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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 Horse Shoe at 508 Hearthstone Way, Horse Shoe, NC, 28742 earns from $4,900/mo rent with a $6,480/mo payment. Total monthly income totals $4,900/mo. ROI tracks 11.51% on current figures, and rental yield reads 4.44% at a $1,324,000 purchase. Equity gained on principal adds $8,544/yr, and 5% annual appreciation supports $365,797 over five years. Five-year ROI reaches 57.56% and total cumulative return in cash sums $246,926. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,900/mo property income instead of your personal income.
Single Family
Built in 2025
0.88 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28742, Horse Shoe, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,524 (100%) |
| Owner Occupied HU | 1,172 (76.9%) |
| Renter Occupied HU | 228 (15.0%) |
| Vacant Housing Units | 124 ( 8.1%) |
| Median Home Value | $419,289 |
| Average Home Value | $536,320 |
Housing Distribution
Address Breakdown
Residential
1,192
Single Family
1,177
Multi-Family
15
Businesses
101
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Listed by: Daniel Radchishin • Black Tie Properties, LLC
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4300611