1265 E Woodlawn RdCharlotteNC28209
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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
Rental property for sale in Charlotte at 1265 E Woodlawn Rd, Charlotte, NC, 28209 generates $2,347/mo in rent and, after a $1,659/mo payment, leaves $281/mo in cash flow. Total monthly income is $2,347/mo, and annual cash flow is $3,374/yr on $112,379 invested. Return on cash invested sits at 22.91% in year one, and rental yield is 8.31% on a $339,000 entry. Equity gained on principal adds $2,188/yr, while 5% annual appreciation builds toward $93,659 over five years. Five-year ROI reaches 118.84% and total cumulative return in cash sums $133,552. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,347/mo property income rather than buyer’s personal income.
Townhouse
Built in 1996
N/A 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: Michelle Duyck • Keller Williams South Park
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4305414