136 Balboa StMatthewsNC28104
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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 Matthews at 136 Balboa St, Matthews, NC, 28104 offers $4,832/mo rent that, after a $3,764/mo payment, leaves $145/mo cash flow. Total monthly income is $4,832/mo, and annual cash flow is $1,742/yr on $253,001 cash. Return on cash invested measures 20.75% in year one, and rental yield stands at 7.54% at a $769,000 entry. Equity gained on principal adds $4,962/yr while 5% annual appreciation compounds into $212,461 by year five. Five-year ROI records 107.2% and total cumulative return in cash reaches $271,207. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,832/mo property income versus a $3,764/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2026
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28104, Matthews, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,622 (100%) |
| Owner Occupied HU | 11,807 (86.7%) |
| Renter Occupied HU | 1,522 (11.2%) |
| Vacant Housing Units | 293 ( 2.2%) |
| Median Home Value | $550,468 |
| Average Home Value | $635,169 |
Housing Distribution
Address Breakdown
Residential
13,490
Single Family
13,490
Multi-Family
0
Businesses
585
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Listed by: N/A • Stanley Martin Homes
Mls Name: Stanley Martin Homes
Mls Provider:
Mls ID: #N/A