1015 Meander LnWaxhawNC28173
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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
Rental property for sale in Waxhaw at 1015 Meander Ln, Waxhaw, NC, 28173 generates $2,364/mo in rent, after a $3,309/mo payment. Total monthly income is $2,364/mo. Return on cash invested sits at 10.58% in year one, and rental yield is 4.2% on a $675,992 entry. Equity gained on principal adds $4,362/yr, while 5% annual appreciation builds toward $186,764 over five years. Five-year ROI reaches 52.68% and total cumulative return in cash sums $117,158. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,364/mo property income rather than buyer’s personal income.
Single Family
Built in 2026
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28173, Waxhaw, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,726 (100%) |
| Owner Occupied HU | 19,959 (87.8%) |
| Renter Occupied HU | 2,103 ( 9.3%) |
| Vacant Housing Units | 664 ( 2.9%) |
| Median Home Value | $607,943 |
| Average Home Value | $684,101 |
Housing Distribution
Address Breakdown
Residential
22,303
Single Family
22,303
Multi-Family
0
Businesses
821
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Listed by: N/A • David Weekley Homes
Mls Name: David Weekley Homes
Mls Provider:
Mls ID: #N/A