12022 Brooklyn AveCharlotteNC28204
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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 12022 Brooklyn Ave, Charlotte, NC, 28204 earns from $3,622/mo rent with a $2,887/mo payment. Total monthly income totals $3,622/mo. ROI tracks 18.87% on current figures, and rental yield reads 7.37% at a $589,800 purchase. Equity gained on principal adds $3,806/yr, and 5% annual appreciation supports $162,951 over five years. Five-year ROI reaches 97.61% and total cumulative return in cash sums $189,409. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,622/mo property income instead of your personal income.
Townhouse
Built in 2019
871 sqft lot
$N/A/sqft
$220 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: N/A • N/A
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