12715 Spirit Bound Way,Charlotte,NC,28273

Investment Highlights

Investment property for sale in Charlotte at 12715 Spirit Bound Way, Charlotte, NC, 28273 offers a 9.55% rental yield on a $260,000 purchase with $2,070/mo rent. Total monthly income registers $2,070/mo, and a $1,273/mo payment leaves $485/mo available for distribution. Annual cash flow reaches $5,820/yr on $86,190 to close, and return on cash invested stands at 26.66% in year one. Equity gained on principal adds $1,678/yr while 5% annual appreciation supports $71,833 over five years. Portfolio math shows five-year ROI at 138.9% and total cumulative return in cash at $119,717. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,070/mo property income against a $1,273/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.