3923 Cedar Hill DrCharlotteNC28273
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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 3923 Cedar Hill Dr, Charlotte, NC, 28273 uses $102,765 cash to close to unlock $6,108/yr annual cash flow and $509/mo monthly cash flow. Total monthly income runs $2,398/mo, and a $1,517/mo payment keeps the spread at $509/mo. Purchase price stands at $310,000, and rental yield measures 9.28% with $2,398/mo rent. Return on cash invested shows 25.85% in year one, and 5% annual appreciation builds toward $85,647 over five years. Five-year ROI reaches 134.59% and total cumulative return in cash records $138,307. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,398/mo property income covering a $1,517/mo payment rather than investor’s personal income.
Single Family
Built in 1999
0.14 Acres lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices
Listed by: Robert Salmons • Entera Realty LLC
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4339780