7025 Willow Trace LnWeddingtonNC28104
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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 Weddington at 7025 Willow Trace Ln, Weddington, NC, 28104 priced at $1,874,990 converts $8,092/mo rent into after a $9,177/mo obligation. Total monthly income equals $8,092/mo. Return on cash invested prints 13.61% in year one, and rental yield reads 5.18% against a $1,874,990 entry. Equity gained on principal adds $12,099/yr, while 5% annual appreciation compiles into $518,025 by year five. Five-year ROI reaches 68.93% and total cumulative return in cash sums $418,727. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $8,092/mo property income covering a $9,177/mo payment, not borrower’s personal income.
Single Family
Built in 2004
0.93 Acres lot
$N/A/sqft
$1,020 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28104, Matthews, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,622 (100%) |
| Owner Occupied HU | 11,807 (86.7%) |
| Renter Occupied HU | 1,522 (11.2%) |
| Vacant Housing Units | 293 ( 2.2%) |
| Median Home Value | $550,468 |
| Average Home Value | $635,169 |
Housing Distribution
Address Breakdown
Residential
13,490
Single Family
13,490
Multi-Family
0
Businesses
585
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Listed by: Savannah Lueck • DASH Carolina
Mls Name: Canopy MLS as distributed by MLS GRID
Mls Provider:
Mls ID: #4172309
Disclaimer: Based on information submitted to the MLS GRID as of 2024-01-24 10:55:15 PST. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. [Click here for more information](/info/mls-disclaimers/#mls_87)