8232 Ballymore CtHuntersvilleNC28078
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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 Huntersville at 8232 Ballymore Ct, Huntersville, NC, 28078 generates $2,646/mo in rent, after a $2,423/mo payment. Total monthly income is $2,646/mo. Return on cash invested sits at 17.2% in year one, and rental yield is 6.41% on a $495,000 entry. Equity gained on principal adds $3,194/yr, while 5% annual appreciation builds toward $136,759 over five years. Five-year ROI reaches 88.16% and total cumulative return in cash sums $144,658. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,646/mo property income rather than buyer’s personal income.
Single Family
Built in 2001
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28078, Huntersville, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 29,228 (100%) |
| Owner Occupied HU | 20,206 (69.1%) |
| Renter Occupied HU | 7,791 (26.7%) |
| Vacant Housing Units | 1,231 ( 4.2%) |
| Median Home Value | $504,433 |
| Average Home Value | $563,220 |
Housing Distribution
Address Breakdown
Residential
29,426
Single Family
26,004
Multi-Family
3,422
Businesses
1,257
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Listed by: Kathy Chestnutt • Chestnutt Real Estate LLC
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4295271