360 N Broad StWaxhawNC28173
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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 Waxhaw at 360 N Broad St, Waxhaw, NC, 28173 at $555,000 posts ROI 17.9% with from $3,054/mo rent. Total monthly income equals $3,054/mo. Return on cash invested measures 17.9% and rental yield reads 6.6% at the current $555,000. Equity gained on principal adds $3,581/yr, and 5% annual appreciation supports $153,336 by year five. Five-year ROI prints 91.93% and total cumulative return in cash totals $167,864. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,054/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Townhouse
Built in 2023
0.05 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28173, Waxhaw, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,726 (100%) |
| Owner Occupied HU | 19,959 (87.8%) |
| Renter Occupied HU | 2,103 ( 9.3%) |
| Vacant Housing Units | 664 ( 2.9%) |
| Median Home Value | $607,943 |
| Average Home Value | $684,101 |
Housing Distribution
Address Breakdown
Residential
22,303
Single Family
22,303
Multi-Family
0
Businesses
821
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Listed by: Lisa Bass • The Agency - Charlotte
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4330301