13909 Idlewild RdMatthewsNC28105
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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
Investment property for sale in Matthews at 13909 Idlewild Rd, Matthews, NC, 28105 earns $288/mo cash flow from $3,091/mo rent with a $2,251/mo payment. Total monthly income totals $3,091/mo, and annual cash flow totals $3,457/yr on $152,457 capital. ROI tracks 22.18% on current figures, and rental yield reads 8.07% at a $459,900 purchase. Equity gained on principal adds $2,968/yr, and 5% annual appreciation supports $127,062 over five years. Five-year ROI reaches 114.9% and total cumulative return in cash sums $175,170. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,091/mo property income instead of your personal income.
Single Family
Built in 1971
1.36 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28105, Matthews, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,494 (100%) |
| Owner Occupied HU | 12,458 (63.9%) |
| Renter Occupied HU | 6,384 (32.7%) |
| Vacant Housing Units | 652 ( 3.3%) |
| Median Home Value | $457,147 |
| Average Home Value | $515,720 |
Housing Distribution
Address Breakdown
Residential
19,513
Single Family
15,532
Multi-Family
3,981
Businesses
1,554
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Listed by: Brenda Kerns • Coldwell Banker- CK Select
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4272282