2914 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
Investment property for sale in Charlotte at 2914 Sloan Dr, Charlotte, NC, 28208 at $309,374 posts ROI 21.65% with $149/mo cash flow from $2,034/mo rent. Total monthly income equals $2,034/mo, and annual cash flow records $1,785/yr on $102,557 to close. Return on cash invested measures 21.65% and rental yield reads 7.89% at the current $309,374. Equity gained on principal adds $1,996/yr, and 5% annual appreciation supports $85,474 by year five. Five-year ROI prints 112.05% and total cumulative return in cash totals $114,915.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,034/mo property income rather than your personal income records (W2s, Paystubs, and 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