00004 FM 140CharlotteTX78011
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Charlotte at 00004 FM 140, Charlotte, TX, 78011 priced at $190,400 converts $2,132/mo rent into $778/mo cash flow after a $932/mo obligation. Total monthly income equals $2,132/mo, and annual cash flow totals $9,335/yr on $63,118 invested. Return on cash invested prints 34.7% in year one, and rental yield reads 13.44% against a $190,400 entry. Equity gained on principal adds $1,229/yr, while 5% annual appreciation compiles into $52,604 by year five. Five-year ROI reaches 183.38% and total cumulative return in cash sums $115,746. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,132/mo property income covering a $932/mo payment, not borrower’s personal income.
Single Family
Built in N/A
17 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78011, Charlotte, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 796 (100%) |
| Owner Occupied HU | 586 (73.6%) |
| Renter Occupied HU | 112 (14.1%) |
| Vacant Housing Units | 98 (12.3%) |
| Median Home Value | $139,286 |
| Average Home Value | $257,048 |
Housing Distribution
Address Breakdown
Residential
227
Single Family
227
Multi-Family
0
Businesses
58
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Shawn Smith • Victory Ranch Sales, LLC
Mls Name: SABOR
Mls Provider:
Mls ID: #1759885
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.