1235 Scaleybark Rd APT CCharlotteNC28209
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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 1235 Scaleybark Rd APT C, Charlotte, NC, 28209 uses $119,307 cash to close to unlock $841/yr annual cash flow and $70/mo monthly cash flow. Total monthly income runs $2,264/mo, and a $1,762/mo payment keeps the spread at $70/mo. Purchase price stands at $359,900, and rental yield measures 7.55% with $2,264/mo rent. Return on cash invested shows 20.61% in year one, and 5% annual appreciation builds toward $99,434 over five years. Five-year ROI reaches 106.53% and total cumulative return in cash records $127,094. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,264/mo property income covering a $1,762/mo payment rather than investor’s personal income.
Townhouse
Built in 1987
0.03 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28209, Charlotte, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,582 (100%) |
| Owner Occupied HU | 6,194 (42.5%) |
| Renter Occupied HU | 6,995 (48.0%) |
| Vacant Housing Units | 1,393 ( 9.6%) |
| Median Home Value | $671,401 |
| Average Home Value | $794,219 |
Housing Distribution
Address Breakdown
Residential
13,910
Single Family
8,554
Multi-Family
5,356
Businesses
972
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Listed by: Katie Harrison • Ivester Jackson Christie's
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4326547