3022 Potomac River PkwyCharlotteNC28217
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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 Charlotte at 3022 Potomac River Pkwy, Charlotte, NC, 28217 earns $256/mo cash flow from $2,846/mo rent with a $2,080/mo payment. Total monthly income totals $2,846/mo, and annual cash flow totals $3,072/yr on $140,888 capital. ROI tracks 22.09% on current figures, and rental yield reads 8.04% at a $425,000 purchase. Equity gained on principal adds $2,742/yr, and 5% annual appreciation supports $117,420 over five years. Five-year ROI reaches 114.4% and total cumulative return in cash sums $161,177. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,846/mo property income instead of your personal income.
Townhouse
Built in 2017
0.10 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28217, Charlotte, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,244 (100%) |
| Owner Occupied HU | 4,437 (25.7%) |
| Renter Occupied HU | 11,138 (64.6%) |
| Vacant Housing Units | 1,669 ( 9.7%) |
| Median Home Value | $314,783 |
| Average Home Value | $421,853 |
Housing Distribution
Address Breakdown
Residential
14,065
Single Family
8,360
Multi-Family
5,705
Businesses
2,119
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Listed by: Katharine Gaylord • Helen Adams Realty
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4296126