12106 Charing Grove LnCharlotteNC28273
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity Builder12106 Charing Grove Ln, Charlotte, NC, 28273 in Charlotte is a solid income-producing rental, 7.86% gross yield, $3,440/mo rent, $241/mo net cash flow on a $525,000 buy. DSCR 1.46 qualifies the property for Ziffy Mortgage's financing without personal income documentation. Five-year appreciation of $145,048 and $4,835/yr in principal reduction project a total cumulative return of $214,288.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7.9% | 5.5% |
| Monthly Cash Flow | $241 | $420 |
City averages based on Charlotte market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,440 |
| Total Monthly Debt Service | $2,991 |
| DSCR Ratio | 1.15x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2025
0.41 Acres lot
$N/A/sqft
No HOA
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
Single Family
Built in 2025
0.41 Acres lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Katrina Parks • Northway Realty LLC
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4331420