10842 Garden Oaks LnCharlotteNC28273
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 10842 Garden Oaks Ln, Charlotte, NC, 28273 offers a 9% rental yield on a $312,000 purchase with $2,340/mo rent. Total monthly income registers $2,340/mo, and a $1,527/mo payment leaves $439/mo available for distribution. Annual cash flow reaches $5,263/yr on $103,428 to close, and return on cash invested stands at 25% in year one. Equity gained on principal adds $2,013/yr while 5% annual appreciation supports $86,200 over five years. Portfolio math shows five-year ROI at 130.01% and total cumulative return in cash at $134,471. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,340/mo property income against a $1,527/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Townhouse
Built in 2002
0.02 Acres lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Misty Hurd • EXP Realty LLC Ballantyne
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4320661