482 S EdwardsCharlotteTX78011
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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 482 S Edwards, Charlotte, TX, 78011 with 5% annual appreciation on a $209,000 basis while $1,794/mo rent supports operations. Total monthly income totals $1,794/mo and a $1,023/mo payment preserves $308/mo for cash returns. Annual cash flow comes to $3,693/yr on $69,284 deployed, and return on cash invested reaches 25.24% in year one. Equity gained on principal adds $1,349/yr, and five-year appreciation sums $57,743 alongside rental yield of 10.3%. Five-year ROI measures 132.66% and total cumulative return in cash totals $91,910.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,794/mo property income versus a $1,023/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1945
0.49 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78011, Charlotte, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 796 (100%) |
| Owner Occupied HU | 586 (73.6%) |
| Renter Occupied HU | 112 (14.1%) |
| Vacant Housing Units | 98 (12.3%) |
| Median Home Value | $139,286 |
| Average Home Value | $257,048 |
Housing Distribution
Address Breakdown
Residential
227
Single Family
227
Multi-Family
0
Businesses
58
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Listed by: Mark Camarillo • STX Realty
Mls Name: SABOR
Mls Provider:
Mls ID: #1869398
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.