2607 Mary Butler WayCharlotteNC28226
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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 2607 Mary Butler Way, Charlotte, NC, 28226 generates $5,380/mo in rent, after a $5,629/mo payment. Total monthly income is $5,380/mo. Return on cash invested sits at 15.12% in year one, and rental yield is 5.61% on a $1,150,000 entry. Equity gained on principal adds $7,421/yr, while 5% annual appreciation builds toward $317,724 over five years. Five-year ROI reaches 76.95% and total cumulative return in cash sums $286,713. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $5,380/mo property income rather than buyer’s personal income.
Single Family
Built in 2018
0.15 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28226, Charlotte, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,064 (100%) |
| Owner Occupied HU | 11,384 (66.7%) |
| Renter Occupied HU | 5,016 (29.4%) |
| Vacant Housing Units | 664 ( 3.9%) |
| Median Home Value | $595,891 |
| Average Home Value | $673,224 |
Housing Distribution
Address Breakdown
Residential
17,625
Single Family
12,619
Multi-Family
5,006
Businesses
1,122
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Listed by: Anne Carroll Mascavage • Helen Adams Realty
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4303530