2537 Amber Creste LnCharlotteNC28212
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
Rental property for sale in Charlotte at 2537 Amber Creste Ln, Charlotte, NC, 28212 generates $2,483/mo in rent, after a $2,203/mo payment. Total monthly income is $2,483/mo. Return on cash invested sits at 17.82% in year one, and rental yield is 6.62% on a $450,000 entry. Equity gained on principal adds $2,904/yr, while 5% annual appreciation builds toward $124,327 over five years. Five-year ROI reaches 91.49% and total cumulative return in cash sums $136,482. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,483/mo property income rather than buyer’s personal income.
Single Family
Built in 1996
0.55 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28212, Charlotte, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,247 (100%) |
| Owner Occupied HU | 5,433 (31.5%) |
| Renter Occupied HU | 10,841 (62.9%) |
| Vacant Housing Units | 973 ( 5.6%) |
| Median Home Value | $284,300 |
| Average Home Value | $367,819 |
Housing Distribution
Address Breakdown
Residential
16,615
Single Family
9,068
Multi-Family
7,547
Businesses
727
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Angie Castro • Monarch Group Realty
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4327607