12508 Stirling Trace CtCharlotteNC28277
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
Investment Highlights
Rental property for sale in Charlotte at 12508 Stirling Trace Ct, Charlotte, NC, 28277 generates $4,546/mo in rent and, after a $3,304/mo payment, leaves $432/mo in cash flow. Total monthly income is $4,546/mo, and annual cash flow is $5,184/yr on $222,075 invested. Return on cash invested sits at 22.39% in year one, and rental yield is 8.08% on a $675,000 entry. Equity gained on principal adds $4,356/yr, while 5% annual appreciation builds toward $186,490 over five years. Five-year ROI reaches 116.01% and total cumulative return in cash sums $257,619. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,546/mo property income rather than buyer’s personal income.
Single Family
Built in 1997
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28277, Charlotte, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 31,769 (100%) |
| Owner Occupied HU | 19,073 (60.0%) |
| Renter Occupied HU | 11,197 (35.2%) |
| Vacant Housing Units | 1,499 ( 4.7%) |
| Median Home Value | $588,425 |
| Average Home Value | $647,277 |
Housing Distribution
Address Breakdown
Residential
31,868
Single Family
23,034
Multi-Family
8,834
Businesses
2,015
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jackie Kelly • COMPASS
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4284124