3101 Dogwood AveCharlotteNC28206
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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 Charlotte at 3101 Dogwood Ave, Charlotte, NC, 28206 generates $1,807/mo in rent, after a $1,517/mo payment. Total monthly income is $1,807/mo. Return on cash invested sits at 18.95% in year one, and rental yield is 7% on a $309,900 entry. Equity gained on principal adds $2,000/yr, while 5% annual appreciation builds toward $85,620 over five years. Five-year ROI reaches 97.63% and total cumulative return in cash sums $100,296. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,807/mo property income rather than buyer’s personal income.
Single Family
Built in 1941
0.19 Acres lot
$N/A/sqft
No HOA
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Listed by: Tanya Brown • Berkshire Hathaway HomeServices Carolinas Realty
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4334368