Covington Plan, Mayes HallHuntersvilleNC28078
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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 Covington Plan, Mayes Hall, Huntersville, NC, 28078 priced at $780,869 converts $4,470/mo rent into after a $3,822/mo obligation. Total monthly income equals $4,470/mo. Return on cash invested prints 18.71% in year one, and rental yield reads 6.87% against a $780,869 entry. Equity gained on principal adds $5,039/yr, while 5% annual appreciation compiles into $215,740 by year five. Five-year ROI reaches 96.24% and total cumulative return in cash sums $247,249. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,470/mo property income covering a $3,822/mo payment, not borrower’s personal income.
Single Family
Built in 2026
N/A 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: N/A • Keystone Custom Homes
Mls Name: Keystone Custom Homes
Mls Provider:
Mls ID: #N/A