9304 Rayneridge 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
Investment property for sale in Huntersville at 9304 Rayneridge Dr, Huntersville, NC, 28078 uses $210,560 cash to close to unlock $3,984/yr annual cash flow and $332/mo monthly cash flow. Total monthly income runs $4,232/mo, and a $3,132/mo payment keeps the spread at $332/mo. Purchase price stands at $640,000, and rental yield measures 7.94% with $4,232/mo rent. Return on cash invested shows 21.95% in year one, and 5% annual appreciation builds toward $176,820 over five years. Five-year ROI reaches 113.63% and total cumulative return in cash records $239,250. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,232/mo property income covering a $3,132/mo payment rather than investor’s personal income.
Single Family
Built in 2014
0.34 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: Kelly Wood • Sail Realty
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4281319