13116 Erwin Rd, Charlotte, NC, 28273 | $568/mo Cash Flow

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 13116 Erwin Rd, Charlotte, NC, 28273 uses $94,444 cash to close to unlock $6,817/yr annual cash flow and $568/mo monthly cash flow. Total monthly income runs $2,304/mo, and a $1,394/mo payment keeps the spread at $568/mo. Purchase price stands at $284,900, and rental yield measures 9.7% with $2,304/mo rent. Return on cash invested shows 27.13% in year one, and 5% annual appreciation builds toward $78,713 over five years. Five-year ROI reaches 141.47% and total cumulative return in cash records $133,607. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,304/mo property income covering a $1,394/mo payment rather than investor’s personal income.

Townhouse

Built in 2008

N/A lot

$N/A/sqft

No HOA