2222 Merimac Dr, Charlotte, NC, 28273 | $234/mo Cash Flow

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Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Charlotte at 2222 Merimac Dr, Charlotte, NC, 28273 listed at $355,000 pairs $2,398/mo rent with a $1,738/mo payment to leave $234/mo cash flow. Total monthly income runs $2,398/mo, and annual cash flow reaches $2,808/yr on $117,683 cash to close. Return on cash invested measures 22.3% in year one, and rental yield registers 8.11% at a $355,000 basis. Equity gained on principal adds $2,291/yr, and annual property appreciation at 5% supports $98,080 by year five. Five-year ROI tracks 115.51% and total cumulative return in cash totals $135,936. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,398/mo property income relative to a $1,738/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Single Family

Built in 1980

0.37 Acres lot

$N/A/sqft

No HOA