10425 Idlewild RdMatthewsNC28105
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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 Matthews at 10425 Idlewild Rd, Matthews, NC, 28105 listed at $468,000 pairs $3,250/mo rent with a $2,291/mo payment to leave $397/mo cash flow. Total monthly income runs $3,250/mo, and annual cash flow reaches $4,769/yr on $155,142 cash to close. Return on cash invested measures 22.98% in year one, and rental yield registers 8.33% at a $468,000 basis. Equity gained on principal adds $3,020/yr, and annual property appreciation at 5% supports $129,300 by year five. Five-year ROI tracks 119.21% and total cumulative return in cash totals $184,937. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,250/mo property income relative to a $2,291/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2005
1.14 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28105, Matthews, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,494 (100%) |
| Owner Occupied HU | 12,458 (63.9%) |
| Renter Occupied HU | 6,384 (32.7%) |
| Vacant Housing Units | 652 ( 3.3%) |
| Median Home Value | $457,147 |
| Average Home Value | $515,720 |
Housing Distribution
Address Breakdown
Residential
19,513
Single Family
15,532
Multi-Family
3,981
Businesses
1,554
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Listed by: Scott Pridemore • COMPASS
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4324842