1238 Moretz Ave, Charlotte, NC, 28206 | 6.93% Rental Yield

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Charlotte at 1238 Moretz Ave, Charlotte, NC, 28206 generates $2,309/mo in rent, after a $1,958/mo payment. Total monthly income is $2,309/mo. Return on cash invested sits at 18.74% in year one, and rental yield is 6.93% on a $400,000 entry. Equity gained on principal adds $2,581/yr, while 5% annual appreciation builds toward $110,513 over five years. Five-year ROI reaches 96.45% and total cumulative return in cash sums $127,888. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,309/mo property income rather than buyer’s personal income.

Single Family

Built in 1953

0.20 Acres lot

$N/A/sqft

No HOA