2108 Clapham CtCharlotteNC28215
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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
Rental property for sale in Charlotte at 2108 Clapham Ct, Charlotte, NC, 28215 priced at $385,612 converts $2,072/mo rent into after a $1,887/mo obligation. Total monthly income equals $2,072/mo. Return on cash invested prints 16.99% in year one, and rental yield reads 6.45% against a $385,612 entry. Equity gained on principal adds $2,488/yr, while 5% annual appreciation compiles into $106,537 by year five. Five-year ROI reaches 87.22% and total cumulative return in cash sums $111,491. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,072/mo property income covering a $1,887/mo payment, not borrower’s personal income.
Single Family
Built in 2025
0.12 Acres lot
$N/A/sqft
$398 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28215, Charlotte, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 27,250 (100%) |
| Owner Occupied HU | 17,222 (63.2%) |
| Renter Occupied HU | 8,804 (32.3%) |
| Vacant Housing Units | 1,224 ( 4.5%) |
| Median Home Value | $363,343 |
| Average Home Value | $415,494 |
Housing Distribution
Address Breakdown
Residential
26,529
Single Family
22,961
Multi-Family
3,568
Businesses
847
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Listed by: Jenna Lucas • EXP Realty LLC Mooresville
Mls Name: Canopy MLS as distributed by MLS GRID
Mls Provider:
Mls ID: #4235563
Disclaimer: Based on information submitted to the MLS GRID as of 2025-03-19 08:48:01 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. [Click here for more information](/mls-disclaimers/#87)