2533 Eddington StCharlotteNC28208
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
Total monthly income runs $2,284/mo, and a $3,193/mo payment. Purchase price stands at $652,400, and rental yield measures 4.2% with $2,284/mo rent. Return on cash invested shows 10.6% in year one, and 5% annual appreciation builds toward $180,246 over five years. Five-year ROI reaches 52.79% and total cumulative return in cash records $113,303. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,284/mo property income covering a $3,193/mo payment rather than investor’s personal income.
Multi Family
Built in 1945
0.32 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: Tiffany McLaurin • The McLaurin Realty Group
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4327944