12106 Charing Grove LnCharlotteNC28273
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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 Charing Grove Ln, Charlotte, NC, 28273 uses $172,725 cash to close to unlock $2,880/yr annual cash flow and $240/mo monthly cash flow. Total monthly income runs $3,440/mo, and a $2,570/mo payment keeps the spread at $240/mo. Purchase price stands at $525,000, and rental yield measures 7.86% with $3,440/mo rent. Return on cash invested shows 21.73% in year one, and 5% annual appreciation builds toward $145,048 over five years. Five-year ROI reaches 112.42% and total cumulative return in cash records $194,181. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,440/mo property income covering a $2,570/mo payment rather than investor’s personal income.
Single Family
Built in 2025
0.41 Acres lot
$N/A/sqft
No HOA
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Listed by: Katrina Parks • Northway Realty LLC
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4331420