23136 Clarabelle Dr,Charlotte,NC,28273

Investment Highlights

Investment property for sale in Charlotte at 23136 Clarabelle Dr, Charlotte, NC, 28273 listed at $420,000 pairs $2,702/mo rent with a $2,056/mo payment to leave $142/mo cash flow. Total monthly income runs $2,702/mo, and annual cash flow reaches $1,704/yr on $139,230 cash to close. Return on cash invested measures 21.13% in year one, and rental yield registers 7.72% at a $420,000 basis. Equity gained on principal adds $2,710/yr, and annual property appreciation at 5% supports $116,038 by year five. Five-year ROI tracks 109.27% and total cumulative return in cash totals $152,143. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,702/mo property income relative to a $2,056/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).