1520 Harrill StCharlotteNC28205
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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 1520 Harrill St, Charlotte, NC, 28205 listed at $625,000 pairs $4,696/mo rent with a $3,059/mo payment to leave $887/mo cash flow. Total monthly income runs $4,696/mo, and annual cash flow reaches $10,644/yr on $205,625 cash to close. Return on cash invested measures 25.24% in year one, and rental yield registers 9.02% at a $625,000 basis. Equity gained on principal adds $4,033/yr, and annual property appreciation at 5% supports $172,676 by year five. Five-year ROI tracks 131.24% and total cumulative return in cash totals $269,869. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,696/mo property income relative to a $3,059/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Townhouse
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28205, Charlotte, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 25,956 (100%) |
| Owner Occupied HU | 9,880 (38.1%) |
| Renter Occupied HU | 14,310 (55.1%) |
| Vacant Housing Units | 1,766 ( 6.8%) |
| Median Home Value | $504,731 |
| Average Home Value | $571,606 |
Housing Distribution
Address Breakdown
Residential
25,561
Single Family
20,489
Multi-Family
5,072
Businesses
1,729
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Listed by: Kevin Thompson • Helen Adams Realty
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4322876