11023 Sycamore Club DrCharlotteNC28227
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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 Charlotte at 11023 Sycamore Club Dr, Charlotte, NC, 28227 listed at $554,900 pairs $2,862/mo rent with a $2,716/mo payment. Total monthly income runs $2,862/mo. Return on cash invested measures 16.64% in year one, and rental yield registers 6.19% at a $554,900 basis. Equity gained on principal adds $3,581/yr, and annual property appreciation at 5% supports $153,309 by year five. Five-year ROI tracks 85.19% and total cumulative return in cash totals $155,520. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,862/mo property income relative to a $2,716/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1999
0.38 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28227, Charlotte, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 23,248 (100%) |
| Owner Occupied HU | 15,983 (68.7%) |
| Renter Occupied HU | 6,405 (27.6%) |
| Vacant Housing Units | 860 ( 3.7%) |
| Median Home Value | $399,436 |
| Average Home Value | $454,037 |
Housing Distribution
Address Breakdown
Residential
22,947
Single Family
19,993
Multi-Family
2,954
Businesses
1,371
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Listed by: Chris Wallace • Mainstay Brokerage LLC
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4319577