2014 Countrymens Ct UNIT 60CharlotteNC28210
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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 2014 Countrymens Ct UNIT 60, Charlotte, NC, 28210 earns $166/mo cash flow from $848/mo rent with a $548/mo payment. Total monthly income totals $848/mo, and annual cash flow totals $1,987/yr on $37,128 capital. ROI tracks 25.26% on current figures, and rental yield reads 9.09% at a $112,000 purchase. Equity gained on principal adds $723/yr, and 5% annual appreciation supports $30,944 over five years. Five-year ROI reaches 131.46% and total cumulative return in cash sums $48,807. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $848/mo property income instead of your personal income.
Condo
Built in 1972
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28210, Charlotte, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,370 (100%) |
| Owner Occupied HU | 11,518 (51.5%) |
| Renter Occupied HU | 9,867 (44.1%) |
| Vacant Housing Units | 985 ( 4.4%) |
| Median Home Value | $546,589 |
| Average Home Value | $622,591 |
Housing Distribution
Address Breakdown
Residential
22,259
Single Family
12,348
Multi-Family
9,911
Businesses
860
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Listed by: Lisa Rainey • Lochmoor Realty LLC
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4286193