3135 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 3135 Falling Rock Ct, Charlotte, NC, 28213 listed at $299,000 pairs $2,488/mo rent with a $1,463/mo payment to leave $666/mo cash flow. Total monthly income runs $2,488/mo, and annual cash flow reaches $7,994/yr on $99,119 cash to close. Return on cash invested measures 27.97% in year one, and rental yield registers 9.99% at a $299,000 basis. Equity gained on principal adds $1,929/yr, and annual property appreciation at 5% supports $82,608 by year five. Five-year ROI tracks 145.99% and total cumulative return in cash totals $144,706. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,488/mo property income relative to a $1,463/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Townhouse
Built in 2002
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: Steven Goodman • SK Goodman Inc
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4292299