334 Chattooga WayCharlotteNC28211
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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
Rental property for sale in Charlotte at 334 Chattooga Way, Charlotte, NC, 28211 offers $3,371/mo rent that, after a $2,301/mo payment, leaves $506/mo cash flow. Total monthly income is $3,371/mo, and annual cash flow is $6,069/yr on $155,871 cash. Return on cash invested measures 23.8% in year one, and rental yield stands at 8.6% at a $470,200 entry. Equity gained on principal adds $3,034/yr while 5% annual appreciation compounds into $129,908 by year five. Five-year ROI records 123.59% and total cumulative return in cash reaches $192,636. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,371/mo property income versus a $2,301/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Townhouse
Built in 2021
1,568 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28211, Charlotte, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,668 (100%) |
| Owner Occupied HU | 8,347 (53.3%) |
| Renter Occupied HU | 6,182 (39.5%) |
| Vacant Housing Units | 1,139 ( 7.3%) |
| Median Home Value | $764,751 |
| Average Home Value | $930,315 |
Housing Distribution
Address Breakdown
Residential
15,274
Single Family
10,625
Multi-Family
4,649
Businesses
981
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Nearby investment properties with comparable prices
Listed by: N/A • N/A
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