2317 Kennesaw DrCharlotteNC28216
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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 2317 Kennesaw Dr, Charlotte, NC, 28216 uses $105,749 cash to close to unlock $2,210/yr annual cash flow and $184/mo monthly cash flow. Total monthly income runs $2,128/mo, and a $1,561/mo payment keeps the spread at $184/mo. Purchase price stands at $319,000, and rental yield measures 8.01% with $2,128/mo rent. Return on cash invested shows 22% in year one, and 5% annual appreciation builds toward $88,134 over five years. Five-year ROI reaches 113.95% and total cumulative return in cash records $120,505. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,128/mo property income covering a $1,561/mo payment rather than investor’s personal income.
Single Family
Built in 2021
0.16 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28216, Charlotte, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 25,978 (100%) |
| Owner Occupied HU | 12,509 (48.2%) |
| Renter Occupied HU | 11,488 (44.2%) |
| Vacant Housing Units | 1,981 ( 7.6%) |
| Median Home Value | $327,616 |
| Average Home Value | $375,376 |
Housing Distribution
Address Breakdown
Residential
24,907
Single Family
21,061
Multi-Family
3,846
Businesses
1,541
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Listed by: Jake Meinberg • Costello Real Estate and Investments LLC
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4308275