237 Hurston CirCharlotteNC28208
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 237 Hurston Cir, Charlotte, NC, 28208 at $450,000 posts ROI 18.69% with from $2,591/mo rent. Total monthly income equals $2,591/mo. Return on cash invested measures 18.69% and rental yield reads 6.91% at the current $450,000. Equity gained on principal adds $2,904/yr, and 5% annual appreciation supports $124,327 by year five. Five-year ROI prints 96.16% and total cumulative return in cash totals $143,442. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,591/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Condo
Built in 2007
0.03 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Shawn Knight • Helen Adams Realty
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4338505