430 Queens Rd APT 712CharlotteNC28207
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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 430 Queens Rd APT 712, Charlotte, NC, 28207 earns $1,493/mo cash flow from $4,022/mo rent with a $2,031/mo payment. Total monthly income totals $4,022/mo, and annual cash flow totals $17,916/yr on $137,573 capital. ROI tracks 32.93% on current figures, and rental yield reads 11.63% at a $415,000 purchase. Equity gained on principal adds $2,678/yr, and 5% annual appreciation supports $114,657 over five years. Five-year ROI reaches 172.53% and total cumulative return in cash sums $237,357. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,022/mo property income instead of your personal income.
Condo
Built in 1985
0.01 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28207, Charlotte, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,964 (100%) |
| Owner Occupied HU | 3,046 (76.8%) |
| Renter Occupied HU | 673 (17.0%) |
| Vacant Housing Units | 245 ( 6.2%) |
| Median Home Value | $1,365,653 |
| Average Home Value | $1,413,308 |
Housing Distribution
Address Breakdown
Residential
4,258
Single Family
2,935
Multi-Family
1,323
Businesses
338
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Listed by: Sarah Singletary • COMPASS
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4305705