306 Kelford LnCharlotteNC28270
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 306 Kelford Ln, Charlotte, NC, 28270 at $425,000 posts ROI 20.69% with $92/mo cash flow from $2,682/mo rent. Total monthly income equals $2,682/mo, and annual cash flow records $1,104/yr on $140,888 to close. Return on cash invested measures 20.69% and rental yield reads 7.57% at the current $425,000. Equity gained on principal adds $2,742/yr, and 5% annual appreciation supports $117,420 by year five. Five-year ROI prints 106.91% and total cumulative return in cash totals $150,629.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,682/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1972
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28270, Charlotte, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,991 (100%) |
| Owner Occupied HU | 9,562 (68.3%) |
| Renter Occupied HU | 4,021 (28.7%) |
| Vacant Housing Units | 408 ( 2.9%) |
| Median Home Value | $576,549 |
| Average Home Value | $604,243 |
Housing Distribution
Address Breakdown
Residential
13,484
Single Family
10,674
Multi-Family
2,810
Businesses
305
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Nearby investment properties with comparable prices
Listed by: Katharine Gaylord • Helen Adams Realty
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4315118