235 S Bruns AveCharlotteNC28208
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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 235 S Bruns Ave, Charlotte, NC, 28208 at $489,900 posts ROI 22.5% with $350/mo cash flow from $3,336/mo rent. Total monthly income equals $3,336/mo, and annual cash flow records $4,201/yr on $162,402 to close. Return on cash invested measures 22.5% and rental yield reads 8.17% at the current $489,900. Equity gained on principal adds $3,161/yr, and 5% annual appreciation supports $135,350 by year five. Five-year ROI prints 116.62% and total cumulative return in cash totals $189,389.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,336/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Townhouse
Built in 2023
0.07 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28208, Charlotte, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,659 (100%) |
| Owner Occupied HU | 6,538 (33.3%) |
| Renter Occupied HU | 11,065 (56.3%) |
| Vacant Housing Units | 2,056 (10.5%) |
| Median Home Value | $235,220 |
| Average Home Value | $316,487 |
Housing Distribution
Address Breakdown
Residential
17,498
Single Family
14,332
Multi-Family
3,166
Businesses
1,696
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Listed by: Abigail Hines • The Agency - Charlotte
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4331116