2910 Sloan DrCharlotteNC28208
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 2910 Sloan Dr, Charlotte, NC, 28208 priced at $310,322 pairs $2,034/mo rent with $143/mo cash flow after a $1,519/mo payment. Total monthly income equals $2,034/mo, and annual cash flow comes to $1,711/yr on $102,872 invested. Return on cash invested is 21.57% in year one, and rental yield stands at 7.87% on a $310,322 basis. Equity gained on principal adds $2,002/yr, and 5% annual appreciation accumulates to $85,736 by year five. Five-year ROI measures 111.65% and total cumulative return in cash reaches $114,853. For financing, Ziffy Mortgage’s DSCR program evaluates $2,034/mo property income against a $1,519/mo payment instead of your W2s, 1099s, or Tax returns.
Townhouse
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28208, Charlotte, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,659 (100%) |
| Owner Occupied HU | 6,538 (33.3%) |
| Renter Occupied HU | 11,065 (56.3%) |
| Vacant Housing Units | 2,056 (10.5%) |
| Median Home Value | $235,220 |
| Average Home Value | $316,487 |
Housing Distribution
Address Breakdown
Residential
17,498
Single Family
14,332
Multi-Family
3,166
Businesses
1,696
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Kevin Glover • Mungo Homes
Mls Name: Mungo Homes, Inc
Mls Provider:
Mls ID: #N/A