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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Charlotte at 0215 Cr 337N, Charlotte, TX, 78011 generates $4,106/mo in rent, after a $4,160/mo payment. Total monthly income is $4,106/mo. Return on cash invested sits at 11.74% in year one, and rental yield is 5.8% on a $850,000 entry. Equity gained on principal adds $5,485/yr, while 5% annual appreciation builds toward $234,839 over five years. Five-year ROI reaches 60.23% and total cumulative return in cash sums $168,442. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,106/mo property income rather than buyer’s personal income.
Single Family
Built in 2005
60 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 78011, Charlotte, TX area.
| 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 |
Residential
227
Single Family
227
Multi-Family
0
Businesses
58
Date | Event | Price |
|---|---|---|
| 2024-02-22 | Listed for sale | $850,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
No similar rental properties found nearby.
No similar price properties found nearby.
Listed by: Shawn Smith • Victory Ranch Sales, LLC
Mls Name: SABOR
Mls Provider:
Mls ID: #1753421
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.
