4408 Mickleton RdCharlotteNC28226
Nearby investment properties with comparable rents
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 4408 Mickleton Rd, Charlotte, NC, 28226 earns from $3,578/mo rent with a $4,058/mo payment. Total monthly income totals $3,578/mo. ROI tracks 13.57% on current figures, and rental yield reads 5.18% at a $829,000 purchase. Equity gained on principal adds $5,349/yr, and 5% annual appreciation supports $229,037 over five years. Five-year ROI reaches 68.71% and total cumulative return in cash sums $187,396. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,578/mo property income instead of your personal income.
Townhouse
Built in 2003
0.06 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28226, Charlotte, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,064 (100%) |
| Owner Occupied HU | 11,384 (66.7%) |
| Renter Occupied HU | 5,016 (29.4%) |
| Vacant Housing Units | 664 ( 3.9%) |
| Median Home Value | $595,891 |
| Average Home Value | $673,224 |
Housing Distribution
Address Breakdown
Residential
17,625
Single Family
12,619
Multi-Family
5,006
Businesses
1,122
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Annette Semprit • Helen Adams Realty
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4298152