2725 Celia Ave #15CharlotteNC28216
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 2725 Celia Ave #15, Charlotte, NC, 28216 generates $3,132/mo in rent and, after a $2,421/mo payment, leaves $117/mo in cash flow. Total monthly income is $3,132/mo, and annual cash flow is $1,408/yr on $163,993 invested. Return on cash invested sits at 20.77% in year one, and rental yield is 7.6% on a $494,700 entry. Equity gained on principal adds $3,192/yr, while 5% annual appreciation builds toward $136,676 over five years. Five-year ROI reaches 107.34% and total cumulative return in cash sums $176,028. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,132/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: 28216, Charlotte, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 25,978 (100%) |
| Owner Occupied HU | 12,509 (48.2%) |
| Renter Occupied HU | 11,488 (44.2%) |
| Vacant Housing Units | 1,981 ( 7.6%) |
| Median Home Value | $327,616 |
| Average Home Value | $375,376 |
Housing Distribution
Address Breakdown
Residential
24,907
Single Family
21,061
Multi-Family
3,846
Businesses
1,541
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A