213 Alluvium LnWaxhawNC28173
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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 Waxhaw at 213 Alluvium Ln, Waxhaw, NC, 28173 priced at $457,565 pairs $3,132/mo rent with $343/mo cash flow after a $2,240/mo payment. Total monthly income equals $3,132/mo, and annual cash flow comes to $4,115/yr on $151,683 invested. Return on cash invested is 22.62% in year one, and rental yield stands at 8.21% on a $457,565 basis. Equity gained on principal adds $2,953/yr, and 5% annual appreciation accumulates to $126,417 by year five. Five-year ROI measures 117.26% and total cumulative return in cash reaches $177,869. For financing, Ziffy Mortgage’s DSCR program evaluates $3,132/mo property income against a $2,240/mo payment instead of your W2s, 1099s, or Tax returns.
Townhouse
Built in 2025
0.07 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28173, Waxhaw, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,726 (100%) |
| Owner Occupied HU | 19,959 (87.8%) |
| Renter Occupied HU | 2,103 ( 9.3%) |
| Vacant Housing Units | 664 ( 2.9%) |
| Median Home Value | $607,943 |
| Average Home Value | $684,101 |
Housing Distribution
Address Breakdown
Residential
22,303
Single Family
22,303
Multi-Family
0
Businesses
821
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Listed by: Jenny Miller • David Weekley Homes
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4280941