1201 Mountain Laurel CtMatthewsNC28104
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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 1201 Mountain Laurel Ct, Matthews, NC, 28104 earns $238/mo cash flow from $3,224/mo rent with a $2,398/mo payment. Total monthly income totals $3,224/mo, and annual cash flow totals $2,857/yr on $162,402 capital. ROI tracks 21.67% on current figures, and rental yield reads 7.9% at a $489,900 purchase. Equity gained on principal adds $3,161/yr, and 5% annual appreciation supports $135,350 over five years. Five-year ROI reaches 112.18% and total cumulative return in cash sums $182,189. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,224/mo property income instead of your personal income.
Single Family
Built in 2010
0.18 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: Lisa Holden • Holden Realty
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4304025