4201 Spencer Towns LnCharlotteNC28205
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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 4201 Spencer Towns Ln, Charlotte, NC, 28205 earns $1,008/mo cash flow from $4,777/mo rent with a $3,027/mo payment. Total monthly income totals $4,777/mo, and annual cash flow totals $12,094/yr on $203,487 capital. ROI tracks 26% on current figures, and rental yield reads 9.27% at a $618,500 purchase. Equity gained on principal adds $3,991/yr, and 5% annual appreciation supports $170,880 over five years. Five-year ROI reaches 135.36% and total cumulative return in cash sums $275,436. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,777/mo property income instead of your personal income.
Townhouse
Built in 2019
0.04 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: Ann Welchans • Progressive Urban Real Estate LLC
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4278507