14204 Wentwater StCharlotteNC28213
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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 Charlotte at 14204 Wentwater St, Charlotte, NC, 28213 offers a 7.44% rental yield on a $367,000 purchase with $2,275/mo rent. Total monthly income registers $2,275/mo, and a $1,796/mo payment leaves $39/mo available for distribution. Annual cash flow reaches $463/yr on $121,661 to close, and return on cash invested stands at 20.29% in year one. Equity gained on principal adds $2,368/yr while 5% annual appreciation supports $101,395 over five years. Portfolio math shows five-year ROI at 104.77% and total cumulative return in cash at $127,463. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,275/mo property income against a $1,796/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2002
0.23 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28213, Charlotte, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,061 (100%) |
| Owner Occupied HU | 8,733 (41.5%) |
| Renter Occupied HU | 10,852 (51.5%) |
| Vacant Housing Units | 1,476 ( 7.0%) |
| Median Home Value | $335,034 |
| Average Home Value | $377,005 |
Housing Distribution
Address Breakdown
Residential
21,104
Single Family
15,335
Multi-Family
5,769
Businesses
1,143
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Listed by: Laurie Bell • Keller Williams South Park
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4334907