3111 Sandy Porter RdCharlotteNC28273
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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 3111 Sandy Porter Rd, Charlotte, NC, 28273 priced at $372,500 pairs $2,602/mo rent with $332/mo cash flow after a $1,823/mo payment. Total monthly income equals $2,602/mo, and annual cash flow comes to $3,984/yr on $123,484 invested. Return on cash invested is 23.14% in year one, and rental yield stands at 8.38% on a $372,500 basis. Equity gained on principal adds $2,404/yr, and 5% annual appreciation accumulates to $102,915 by year five. Five-year ROI measures 120% and total cumulative return in cash reaches $148,186. For financing, Ziffy Mortgage’s DSCR program evaluates $2,602/mo property income against a $1,823/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1975
0.59 Acres lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices
Listed by: Jerri Manning • Coldwell Banker Realty
Mls Name: Canopy MLS as distributed by MLS GRID
Mls Provider:
Mls ID: #4190115
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