10022 Wayfair Meadow CtCharlotteNC28277
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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
Investment property for sale in Charlotte at 10022 Wayfair Meadow Ct, Charlotte, NC, 28277 earns $207/mo cash flow from $4,345/mo rent with a $3,323/mo payment. Total monthly income totals $4,345/mo, and annual cash flow totals $2,486/yr on $223,391 capital. ROI tracks 21.17% on current figures, and rental yield reads 7.68% at a $679,000 purchase. Equity gained on principal adds $4,381/yr, and 5% annual appreciation supports $187,595 over five years. Five-year ROI reaches 109.47% and total cumulative return in cash sums $244,547. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,345/mo property income instead of your personal income.
Townhouse
Built in 2019
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28277, Charlotte, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 31,769 (100%) |
| Owner Occupied HU | 19,073 (60.0%) |
| Renter Occupied HU | 11,197 (35.2%) |
| Vacant Housing Units | 1,499 ( 4.7%) |
| Median Home Value | $588,425 |
| Average Home Value | $647,277 |
Housing Distribution
Address Breakdown
Residential
31,868
Single Family
23,034
Multi-Family
8,834
Businesses
2,015
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Listed by: Krstina Sebez • Realty One Group Revolution
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4335154