429 Dare DrCharlotteNC28206
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Nearby investment properties with comparable prices
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 429 Dare Dr, Charlotte, NC, 28206 at $326,000 posts ROI 24.88% with $448/mo cash flow from $2,435/mo rent. Total monthly income equals $2,435/mo, and annual cash flow records $5,374/yr on $108,069 to close. Return on cash invested measures 24.88% and rental yield reads 8.96% at the current $326,000. Equity gained on principal adds $2,104/yr, and 5% annual appreciation supports $90,068 by year five. Five-year ROI prints 129.38% and total cumulative return in cash totals $139,815.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,435/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1954
0.17 Acres lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices
Listed by: Keldia Sarante • Keller Williams Ballantyne Area
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4325991