3107 Falling Rock CtCharlotteNC28213
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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 3107 Falling Rock Ct, Charlotte, NC, 28213 earns $441/mo cash flow from $2,220/mo rent with a $1,429/mo payment. Total monthly income totals $2,220/mo, and annual cash flow totals $5,287/yr on $96,798 capital. ROI tracks 25.37% on current figures, and rental yield reads 9.12% at a $292,000 purchase. Equity gained on principal adds $1,884/yr, and 5% annual appreciation supports $80,674 over five years. Five-year ROI reaches 132.02% and total cumulative return in cash sums $127,796. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,220/mo property income instead of your personal income.
Townhouse
Built in 2002
0.03 Acres 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: Amy Horne • Opendoor Brokerage LLC
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4277720