1245 Drummond Ave, Charlotte, NC, 28206 | 7.25% 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

Investment property for sale in Charlotte at 1245 Drummond Ave, Charlotte, NC, 28206 listed at $815,000 pairs $4,924/mo rent with a $3,989/mo payment. Total monthly income runs $4,924/mo. Return on cash invested measures 19.87% in year one, and rental yield registers 7.25% at a $815,000 basis. Equity gained on principal adds $5,259/yr, and annual property appreciation at 5% supports $225,169 by year five. Five-year ROI tracks 102.45% and total cumulative return in cash totals $274,705. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,924/mo property income relative to a $3,989/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Townhouse

Built in 2023

0.16 Acres lot

$N/A/sqft

No HOA