4030 City Homes PlCharlotteNC28209
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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 4030 City Homes Pl, Charlotte, NC, 28209 at $1,025,000 posts ROI 11.93% with from $4,361/mo rent. Total monthly income equals $4,361/mo. Return on cash invested measures 11.93% and rental yield reads 5.11% at the current $1,025,000. Equity gained on principal adds $6,614/yr, and 5% annual appreciation supports $283,189 by year five. Five-year ROI prints 60.41% and total cumulative return in cash totals $200,620. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $4,361/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Townhouse
Built in 2017
0.05 Acres lot
$N/A/sqft
$450 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28209, Charlotte, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,582 (100%) |
| Owner Occupied HU | 6,194 (42.5%) |
| Renter Occupied HU | 6,995 (48.0%) |
| Vacant Housing Units | 1,393 ( 9.6%) |
| Median Home Value | $671,401 |
| Average Home Value | $794,219 |
Housing Distribution
Address Breakdown
Residential
13,910
Single Family
8,554
Multi-Family
5,356
Businesses
972
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Listed by: Malesta Trotman • Keller Williams South Park
Mls Name: Canopy MLS as distributed by MLS GRID
Mls Provider:
Mls ID: #4254828
Disclaimer: Based on information submitted to the MLS GRID as of 2025-05-14 17:28:01 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. [Click here for more information](/mls-disclaimers/#87)