14422 Lake Crossing DrCharlotteNC28278
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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 14422 Lake Crossing Dr, Charlotte, NC, 28278 earns $223/mo cash flow from $3,874/mo rent with a $2,932/mo payment. Total monthly income totals $3,874/mo, and annual cash flow totals $2,678/yr on $197,071 capital. ROI tracks 21.42% on current figures, and rental yield reads 7.76% at a $599,000 purchase. Equity gained on principal adds $3,865/yr, and 5% annual appreciation supports $165,493 over five years. Five-year ROI reaches 110.8% and total cumulative return in cash sums $218,362. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,874/mo property income instead of your personal income.
Single Family
Built in 2010
0.22 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28278, Charlotte, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,560 (100%) |
| Owner Occupied HU | 11,144 (67.3%) |
| Renter Occupied HU | 4,181 (25.2%) |
| Vacant Housing Units | 1,235 ( 7.5%) |
| Median Home Value | $516,060 |
| Average Home Value | $598,110 |
Housing Distribution
Address Breakdown
Residential
15,786
Single Family
13,840
Multi-Family
1,946
Businesses
560
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Listed by: Paul Le • Realty One Group Revolution
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4313823