116 Maple Grove Church RdMatthewsNC28104
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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 Matthews at 116 Maple Grove Church Rd, Matthews, NC, 28104 at $789,000 posts ROI 16.35% with from $4,007/mo rent. Total monthly income equals $4,007/mo. Return on cash invested measures 16.35% and rental yield reads 6.09% at the current $789,000. Equity gained on principal adds $5,091/yr, and 5% annual appreciation supports $217,986 by year five. Five-year ROI prints 83.63% and total cumulative return in cash totals $217,078. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $4,007/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1983
2.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28104, Matthews, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,622 (100%) |
| Owner Occupied HU | 11,807 (86.7%) |
| Renter Occupied HU | 1,522 (11.2%) |
| Vacant Housing Units | 293 ( 2.2%) |
| Median Home Value | $550,468 |
| Average Home Value | $635,169 |
Housing Distribution
Address Breakdown
Residential
13,490
Single Family
13,490
Multi-Family
0
Businesses
585
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Listed by: Cherie Burris • RE/MAX Executive
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4335732