3628 Spencer StCharlotteNC28205
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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 3628 Spencer St, Charlotte, NC, 28205 listed at $462,410 pairs $2,339/mo rent with a $2,263/mo payment. Total monthly income runs $2,339/mo. Return on cash invested measures 16.16% in year one, and rental yield registers 6.07% at a $462,410 basis. Equity gained on principal adds $2,984/yr, and annual property appreciation at 5% supports $127,755 by year five. Five-year ROI tracks 82.64% and total cumulative return in cash totals $126,674. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,339/mo property income relative to a $2,263/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Townhouse
Built in 2026
0.02 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28205, Charlotte, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 25,956 (100%) |
| Owner Occupied HU | 9,880 (38.1%) |
| Renter Occupied HU | 14,310 (55.1%) |
| Vacant Housing Units | 1,766 ( 6.8%) |
| Median Home Value | $504,731 |
| Average Home Value | $571,606 |
Housing Distribution
Address Breakdown
Residential
25,561
Single Family
20,489
Multi-Family
5,072
Businesses
1,729
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Listed by: Maria Wilhelm • DR Horton Inc
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4337246