1318 Encore LnWaxhawNC28173
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
Investment property for sale in Waxhaw at 1318 Encore Ln, Waxhaw, NC, 28173 earns $638/mo cash flow from $3,539/mo rent with a $2,330/mo payment. Total monthly income totals $3,539/mo, and annual cash flow totals $7,654/yr on $157,794 capital. ROI tracks 24.76% on current figures, and rental yield reads 8.92% at a $476,000 purchase. Equity gained on principal adds $3,072/yr, and 5% annual appreciation supports $131,510 over five years. Five-year ROI reaches 128.73% and total cumulative return in cash sums $203,121. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,539/mo property income instead of your personal income.
Single Family
Built in 2023
6,577 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28173, Waxhaw, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,726 (100%) |
| Owner Occupied HU | 19,959 (87.8%) |
| Renter Occupied HU | 2,103 ( 9.3%) |
| Vacant Housing Units | 664 ( 2.9%) |
| Median Home Value | $607,943 |
| Average Home Value | $684,101 |
Housing Distribution
Address Breakdown
Residential
22,303
Single Family
22,303
Multi-Family
0
Businesses
821
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A