4202 Hounds Run DrMatthewsNC28105
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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 Matthews at 4202 Hounds Run Dr, Matthews, NC, 28105 uses $153,816 cash to close to unlock $5,318/yr annual cash flow and $443/mo monthly cash flow. Total monthly income runs $3,271/mo, and a $2,271/mo payment keeps the spread at $443/mo. Purchase price stands at $464,000, and rental yield measures 8.46% with $3,271/mo rent. Return on cash invested shows 23.37% in year one, and 5% annual appreciation builds toward $128,195 over five years. Five-year ROI reaches 121.28% and total cumulative return in cash records $186,549. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,271/mo property income covering a $2,271/mo payment rather than investor’s personal income.
Single Family
Built in 1993
0.47 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28105, Matthews, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,494 (100%) |
| Owner Occupied HU | 12,458 (63.9%) |
| Renter Occupied HU | 6,384 (32.7%) |
| Vacant Housing Units | 652 ( 3.3%) |
| Median Home Value | $457,147 |
| Average Home Value | $515,720 |
Housing Distribution
Address Breakdown
Residential
19,513
Single Family
15,532
Multi-Family
3,981
Businesses
1,554
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Listed by: Lisa Belk • Mark Spain Real Estate
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4332444