11403 Ridge Oak Dr, Charlotte, NC, 28273 | 7.24% Rental Yield

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Charlotte at 11403 Ridge Oak Dr, Charlotte, NC, 28273 listed at $440,000 pairs $2,653/mo rent with a $2,154/mo payment. Total monthly income runs $2,653/mo. Return on cash invested measures 19.67% in year one, and rental yield registers 7.24% at a $440,000 basis. Equity gained on principal adds $2,839/yr, and annual property appreciation at 5% supports $121,564 by year five. Five-year ROI tracks 101.42% and total cumulative return in cash totals $147,934. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,653/mo property income relative to a $2,154/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Single Family

Built in 1996

0.21 Acres lot

$N/A/sqft

No HOA