300 Cedarwood LnMatthewsNC28104
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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 Matthews at 300 Cedarwood Ln, Matthews, NC, 28104 priced at $449,500 pairs $2,531/mo rent with after a $2,200/mo payment. Total monthly income equals $2,531/mo. Return on cash invested is 18.23% in year one, and rental yield stands at 6.76% on a $449,500 basis. Equity gained on principal adds $2,901/yr, and 5% annual appreciation accumulates to $124,189 by year five. Five-year ROI measures 93.72% and total cumulative return in cash reaches $139,649. For financing, Ziffy Mortgage’s DSCR program evaluates $2,531/mo property income against a $2,200/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2025
0.24 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28104, Matthews, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,622 (100%) |
| Owner Occupied HU | 11,807 (86.7%) |
| Renter Occupied HU | 1,522 (11.2%) |
| Vacant Housing Units | 293 ( 2.2%) |
| Median Home Value | $550,468 |
| Average Home Value | $635,169 |
Housing Distribution
Address Breakdown
Residential
13,490
Single Family
13,490
Multi-Family
0
Businesses
585
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Listed by: Tyler Mundy • Mundy Real Estate, LLC
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4326112