7014 Clover Hill 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 7014 Clover Hill Rd, Indian Trail, NC, 28079 offers a 7.84% rental yield on a $567,500 purchase with $3,707/mo rent. Total monthly income registers $3,707/mo, and a $2,778/mo payment leaves $248/mo available for distribution. Annual cash flow reaches $2,976/yr on $186,708 to close, and return on cash invested stands at 21.65% in year one. Equity gained on principal adds $3,662/yr while 5% annual appreciation supports $156,790 over five years. Portfolio math shows five-year ROI at 112.04% and total cumulative return in cash at $209,180. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,707/mo property income against a $2,778/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2013
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: Ashley Nearby • Keller Williams Ballantyne Area
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4295206