10211 Glenmere Creek CirCharlotteNC28262
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
Total monthly income runs $2,718/mo, and a $2,237/mo payment. Purchase price stands at $457,000, and rental yield measures 7.14% with $2,718/mo rent. Return on cash invested shows 19.38% in year one, and 5% annual appreciation builds toward $126,261 over five years. Five-year ROI reaches 99.86% and total cumulative return in cash records $151,279. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,718/mo property income covering a $2,237/mo payment rather than investor’s personal income.
Townhouse
Built in 2021
0.04 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28262, Charlotte, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 27,572 (100%) |
| Owner Occupied HU | 6,674 (24.2%) |
| Renter Occupied HU | 17,684 (64.1%) |
| Vacant Housing Units | 3,214 (11.7%) |
| Median Home Value | $354,495 |
| Average Home Value | $431,493 |
Housing Distribution
Address Breakdown
Residential
24,274
Single Family
15,024
Multi-Family
9,250
Businesses
1,546
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Kristin List • Howard Hanna Allen Tate Huntersville
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4331633