2742 Circa DrMatthewsNC28105
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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
Investment property for sale in Matthews at 2742 Circa Dr, Matthews, NC, 28105 listed at $422,000 pairs $2,387/mo rent with a $2,065/mo payment. Total monthly income runs $2,387/mo. Return on cash invested measures 18.33% in year one, and rental yield registers 6.79% at a $422,000 basis. Equity gained on principal adds $2,723/yr, and annual property appreciation at 5% supports $116,591 by year five. Five-year ROI tracks 94.25% and total cumulative return in cash totals $131,843. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,387/mo property income relative to a $2,065/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Townhouse
Built in 2003
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28105, Matthews, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,494 (100%) |
| Owner Occupied HU | 12,458 (63.9%) |
| Renter Occupied HU | 6,384 (32.7%) |
| Vacant Housing Units | 652 ( 3.3%) |
| Median Home Value | $457,147 |
| Average Home Value | $515,720 |
Housing Distribution
Address Breakdown
Residential
19,513
Single Family
15,532
Multi-Family
3,981
Businesses
1,554
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Listed by: Dorota Rejter • NorthGroup Real Estate LLC
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4320710