12106 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 12106 Brooklyn Ave, Charlotte, NC, 28204 uses $194,110 cash to close to unlock $648/yr annual cash flow and $54/mo monthly cash flow. Total monthly income runs $3,650/mo, and a $2,888/mo payment keeps the spread at $54/mo. Purchase price stands at $590,000, and rental yield measures 7.42% with $3,650/mo rent. Return on cash invested shows 20.39% in year one, and 5% annual appreciation builds toward $163,006 over five years. Five-year ROI reaches 105.28% and total cumulative return in cash records $204,352. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,650/mo property income covering a $2,888/mo payment rather than investor’s personal income.
Townhouse
Built in 2022
0.02 Acres lot
$N/A/sqft
No 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: Laurie Zdyb • Coldwell Banker Realty
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4307300