1941 Pheasant Glen RdCharlotteNC28214
Nearby investment properties with comparable rents
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
Investment property for sale in Charlotte at 1941 Pheasant Glen Rd, Charlotte, NC, 28214 offers a 8.3% rental yield on a $335,000 purchase with $2,317/mo rent. Total monthly income registers $2,317/mo, and a $1,640/mo payment leaves $275/mo available for distribution. Annual cash flow reaches $3,300/yr on $111,053 to close, and return on cash invested stands at 22.88% in year one. Equity gained on principal adds $2,162/yr while 5% annual appreciation supports $92,554 over five years. Portfolio math shows five-year ROI at 118.64% and total cumulative return in cash at $131,756. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,317/mo property income against a $1,640/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2008
0.20 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28214, Charlotte, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,511 (100%) |
| Owner Occupied HU | 13,022 (70.3%) |
| Renter Occupied HU | 4,758 (25.7%) |
| Vacant Housing Units | 731 ( 3.9%) |
| Median Home Value | $356,899 |
| Average Home Value | $437,062 |
Housing Distribution
Address Breakdown
Residential
17,394
Single Family
17,156
Multi-Family
238
Businesses
454
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Alessandra Czerveny • Blueview Realty LLC
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4334121