1133 Metropolitan Ave UNIT 601CharlotteNC28204
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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 1133 Metropolitan Ave UNIT 601, Charlotte, NC, 28204 earns from $3,014/mo rent with a $2,129/mo payment. Total monthly income totals $3,014/mo. ROI tracks 17.96% on current figures, and rental yield reads 8.31% at a $434,999 purchase. Equity gained on principal adds $2,807/yr, and 5% annual appreciation supports $120,182 over five years. Five-year ROI reaches 94.07% and total cumulative return in cash sums $135,648. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,014/mo property income instead of your personal income.
Condo
Built in 2008
N/A lot
$N/A/sqft
$597 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28204, Charlotte, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,468 (100%) |
| Owner Occupied HU | 1,496 (23.1%) |
| Renter Occupied HU | 4,449 (68.8%) |
| Vacant Housing Units | 523 ( 8.1%) |
| Median Home Value | $687,766 |
| Average Home Value | $773,458 |
Housing Distribution
Address Breakdown
Residential
6,131
Single Family
2,152
Multi-Family
3,979
Businesses
919
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Listed by: Heather Fitch • Horizon Realty Carolinas
Mls Name: Canopy MLS as distributed by MLS GRID
Mls Provider:
Mls ID: #4300785
Disclaimer: Based on information submitted to the MLS GRID as of 2025-09-14 08:38:26 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. [Click here for more information](/mls-disclaimers/#87)