3958 Mourning Dove DrMatthewsNC28104
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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
Total monthly income runs $5,184/mo, and a $4,895/mo payment. Purchase price stands at $1,000,000, and rental yield measures 6.22% with $5,184/mo rent. Return on cash invested shows 16.74% in year one, and 5% annual appreciation builds toward $276,282 over five years. Five-year ROI reaches 85.67% and total cumulative return in cash records $281,848. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $5,184/mo property income covering a $4,895/mo payment rather than investor’s personal income.
Single Family
Built in 2000
0.92 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28104, Matthews, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,622 (100%) |
| Owner Occupied HU | 11,807 (86.7%) |
| Renter Occupied HU | 1,522 (11.2%) |
| Vacant Housing Units | 293 ( 2.2%) |
| Median Home Value | $550,468 |
| Average Home Value | $635,169 |
Housing Distribution
Address Breakdown
Residential
13,490
Single Family
13,490
Multi-Family
0
Businesses
585
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Listed by: Christina Lindsay • Keller Williams Ballantyne Area
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4317814