10518 Hill Point CtCharlotteNC28262
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
Investment property for sale in Charlotte at 10518 Hill Point Ct, Charlotte, NC, 28262 offers a 13.3% rental yield on a $187,496 purchase with $2,078/mo rent. Total monthly income registers $2,078/mo, and a $918/mo payment leaves $935/mo available for distribution. Annual cash flow reaches $11,220/yr on $62,155 to close, and return on cash invested stands at 37.96% in year one. Equity gained on principal adds $1,210/yr while 5% annual appreciation supports $51,802 over five years. Portfolio math shows five-year ROI at 199.52% and total cumulative return in cash at $124,014. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,078/mo property income against a $918/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Apartment
Built in N/A
N/A 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: N/A • N/A
Mls Name: Zillow Rentals
Mls ID: #N/A