11819 Creek Turn DrCharlotteNC28278
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 11819 Creek Turn Dr, Charlotte, NC, 28278 earns $323/mo cash flow from $2,608/mo rent with a $1,835/mo payment. Total monthly income totals $2,608/mo, and annual cash flow totals $3,876/yr on $124,313 capital. ROI tracks 23.03% on current figures, and rental yield reads 8.35% at a $375,000 purchase. Equity gained on principal adds $2,420/yr, and 5% annual appreciation supports $103,606 over five years. Five-year ROI reaches 119.43% and total cumulative return in cash sums $148,467. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,608/mo property income instead of your personal income.
Single Family
Built in 2001
0.19 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28278, Charlotte, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,560 (100%) |
| Owner Occupied HU | 11,144 (67.3%) |
| Renter Occupied HU | 4,181 (25.2%) |
| Vacant Housing Units | 1,235 ( 7.5%) |
| Median Home Value | $516,060 |
| Average Home Value | $598,110 |
Housing Distribution
Address Breakdown
Residential
15,786
Single Family
13,840
Multi-Family
1,946
Businesses
560
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Paige Boykin • EXP Realty LLC Market St
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4327116