2551 Statesville Ave,Charlotte,NC,28206

Investment Highlights

Investment property for sale in Charlotte at 2551 Statesville Ave, Charlotte, NC, 28206 listed at $519,900 pairs $3,457/mo rent with a $2,545/mo payment to leave $288/mo cash flow. Total monthly income runs $3,457/mo, and annual cash flow reaches $3,457/yr on $171,047 cash to close. Return on cash invested measures 22.08% in year one, and rental yield registers 7.98% at a $519,900 basis. Equity gained on principal adds $3,355/yr, and annual property appreciation at 5% supports $143,639 by year five. Five-year ROI tracks 114.36% and total cumulative return in cash totals $195,604. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,457/mo property income relative to a $2,545/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).