352 Indian Branch Dr Morrisville, North Carolina, 27560-9444
4 bed • 2 bath • 8 guests
Est. $2,107/mo
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$439,300
Zestimate
$55,948
Annual Revenue
This property is projected to be in the top 52% revenue percentile compared to similar properties nearby.
Projected nightly rate is $280/night at 43% occupancy.Projected nightly rate is $222/night at 69% occupancy.
Top 41% of comparables
Top 51% of comparables
Seasonality
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$5,961
Profit
Revenue
$55,948
Operating Expenses
$20,353
Operating Income
$35,595
Mortgage & Taxes
$29,634
Profit (Cash Flow)
$5,961
$111,539
Cash Investment
Down Payment
$87,860
Renos & Furnishing
$10,500
Closing Costs
$13,179
Total
$111,539
DSCR Ratio
Acceptable
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Investment Value Over Time
Property Appreciation
3%
Revenue Appreciation
0%
Cash on Cash Return
5.34%
Cap Rate
8.1%
STR Tax Calculator (USA)
Your current annual income
Your income tax rate
Taxes paid on $150,000
$45,000
If you buy this investment property, your est deduction will be...
Deductible mortgage interest
$20,850
Deductible property tax
$4,349
Your total deduction
$37,639
Your adjusted annual income
$150,000 - $37,639 = $112,361
Taxes on $112,361 (30%)
$33,708
Your old tax bill
$45,000
Your new tax bill
$33,708
Estimated tax savings
$11,292
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Property Overview
View property info, current ownership, recently sold comps, school zone ratings, area rents, and more.
Lot size:
7,841 sqft
Year built:
2002
Size:
1,430 sqft
Type:
SFR
Parking:
-
Heating:
CENTRAL
Sold Comparables
| Address | Beds | Baths | Square Feet | $/SqFt | Lot Size | Year Built | Last Sale | Days on Market |
|---|---|---|---|---|---|---|---|---|
| 409 Indian Branch Dr | 4 | 2 | 1,568 | - | 6,970 | 2003 | $470,000 | - |
| 202 Downing Bluff Dr | 3 | 2 | 1,773 | - | 7,841 | 2001 | $502,000 | 37 |
| 116 Factors Walk Ln | 3 | 3 | 2,351 | - | 6,098 | 2006 | $590,000 | 32 |
| 200 Governors House Dr | 4 | 2 | 3,005 | - | 12,632 | 2003 | $660,000 | - |
| 105 Downing Brook Ct | 4 | 2 | 1,582 | - | 7,405 | 2002 | $479,000 | - |
| 105 Downing Bluff Dr | 3 | 2 | 1,352 | - | 6,534 | 2002 | $460,000 | - |
| 205 Valley Glen Dr | - | 2 | 1,950 | - | 7,405 | 2002 | $461,000 | - |
| 120 Downing Bluff Dr | - | 2 | 1,677 | - | 6,534 | 2002 | $452,000 | - |
| 301 Indian Branch Dr | - | 2 | 1,503 | - | 5,663 | 2003 | $150,000 | - |
| 109 Berrydowns Dr | 3 | 2 | 1,665 | - | 6,098 | 2003 | $485,000 | - |
Property Details
- MLS Status: N/A
- Property Use: Single Family Residence
- Stories: 1
- Lot size: 7,841 sqft
- Building area: 1,430 sqft
- Garage: Yes
- Heating: Central
- Pool: No
- Fireplaces: 1
- Basement: Yes
- Cooling: -
- View: -
- Parking: -
- Amenities: -
- Price per square foot: -
Lot Info
- Zoning: MDR
- Land Use: Residential
- Parcel Number: 0745.12-85-8626 0298518
- Flood Zone: No
Tax Info
- Year Assessed: 2023
- Assessed Value: $291,675
- County Est. Land Value: $92,000
- Assessed Land Value: $92,000
- County Est. Structure Value: $199,675
Market Estimate: $489,538
Sale history
| Date | Sale Price | % Financed | Buyer |
|---|---|---|---|
| 01/31/20 | $292,000 | 100% | Tyler Killgore, Kimberly Killgore |
| Invalid Date | $144,500 | 0% | Russell E Mills |
| Invalid Date | $144,500 | 0% | Russell E Mills |
Ownership
- Name: Tyler Killgore
- Owner Occupied: Yes
- Owner Mailing Address: 352 Indian Branch Dr, Morrisville, Nc 27560
- Years Owned: 46
- Home Equity: $130,138
- Mortgage Balance Remaining: $292,762
- Financed amount: -
- Owner Type: Individual
- Lien: No
- Inherited: No
- Foreclosure: No
Schools
- Elementary School: Cedar Fork Elementary with 8/10 star rating
- Middle School: West Cary Middle School with 6/10 star rating
- High School: Panther Creek High with 8/10 star rating