3048 Five Creek RdCharlotteNC28213
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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
Total monthly income runs $2,742/mo, and a $2,933/mo payment. Purchase price stands at $599,195, and rental yield measures 5.49% with $2,742/mo rent. Return on cash invested shows 14.52% in year one, and 5% annual appreciation builds toward $165,547 over five years. Five-year ROI reaches 73.78% and total cumulative return in cash records $145,451. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,742/mo property income covering a $2,933/mo payment rather than investor’s personal income.
Single Family
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28213, Charlotte, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,061 (100%) |
| Owner Occupied HU | 8,733 (41.5%) |
| Renter Occupied HU | 10,852 (51.5%) |
| Vacant Housing Units | 1,476 ( 7.0%) |
| Median Home Value | $335,034 |
| Average Home Value | $377,005 |
Housing Distribution
Address Breakdown
Residential
21,104
Single Family
15,335
Multi-Family
5,769
Businesses
1,143
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Listed by: N/A • Epcon Communities
Mls Name: Epcon Communities
Mls ID: #N/A