8948 Devonshire DrHuntersvilleNC28078
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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 8948 Devonshire Dr, Huntersville, NC, 28078 generates $4,561/mo in rent, after a $4,405/mo payment. Total monthly income is $4,561/mo. Return on cash invested sits at 16.32% in year one, and rental yield is 6.08% on a $899,999 entry. Equity gained on principal adds $5,808/yr, while 5% annual appreciation builds toward $248,653 over five years. Five-year ROI reaches 83.41% and total cumulative return in cash sums $246,971. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,561/mo property income rather than buyer’s personal income.
Single Family
Built in 1997
0.41 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: Anna Marinelli • Mossy Oak Properties Land and Luxury
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4285452