6313 Mill Grove RdIndian 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 6313 Mill Grove Rd, Indian Trail, NC, 28079 listed at $330,000 pairs $2,701/mo rent with a $1,615/mo payment to leave $690/mo cash flow. Total monthly income runs $2,701/mo, and annual cash flow reaches $8,280/yr on $109,395 cash to close. Return on cash invested measures 27.48% in year one, and rental yield registers 9.82% at a $330,000 basis. Equity gained on principal adds $2,129/yr, and annual property appreciation at 5% supports $91,173 by year five. Five-year ROI tracks 143.29% and total cumulative return in cash totals $156,755. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,701/mo property income relative to a $1,615/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1975
0.32 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: Christie Hansen • COMPASS
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4305733