109 Indian Creek Dr, Shelby, NC 28152

3 bd · 2 ba · 1,560 sqft · built 1998 · Shelby · SINGLE_FAMILY·source listing ↗

$189,000

rent, three ways

OnePercent model (vv1)$2,110/mo

p10–p90 confidence band

HUD Fair Market Rent · 28152 · 3BR$1,290/mo

Area comps median (last 90d)—

FMR from HUD SAFMR FY2026. Never a naked estimate.

County

Cleveland

Flood risk indexRelatively Moderate FEMA NRI

Median household income$57,806

Median area rent$973/mo

Median home value$205,200

the verdict

1.12%vs 1.0% target

financing: 20% down · — (FRED, live) · 30yr

$189,000

1.12% · rent $2,110

Intrinsic value · income approach

$279,388

32% below intrinsic value

Value = net operating income ÷ market cap rate. Not investment advice.

Ten-year owner return

Equity multiple, per-year cash flow, and appreciation modeling are a Pro feature.