2424 County Road 310 LOT 3CharlotteTX78011
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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
Rental property for sale in Charlotte at 2424 County Road 310 LOT 3, Charlotte, TX, 78011 generates $1,132/mo in rent and, after a $632/mo payment, leaves $214/mo in cash flow. Total monthly income is $1,132/mo, and annual cash flow is $2,566/yr on $42,797 invested. Return on cash invested sits at 25.9% in year one, and rental yield is 10.52% on a $129,100 entry. Equity gained on principal adds $833/yr, while 5% annual appreciation builds toward $35,668 over five years. Five-year ROI reaches 136.24% and total cumulative return in cash sums $58,304. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,132/mo property income rather than buyer’s personal income.
Home Type Unknown
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78011, Charlotte, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 796 (100%) |
| Owner Occupied HU | 586 (73.6%) |
| Renter Occupied HU | 112 (14.1%) |
| Vacant Housing Units | 98 (12.3%) |
| Median Home Value | $139,286 |
| Average Home Value | $257,048 |
Housing Distribution
Address Breakdown
Residential
227
Single Family
227
Multi-Family
0
Businesses
58
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