4900 Snow White LnCharlotteNC28213
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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 4900 Snow White Ln, Charlotte, NC, 28213 uses $59,670 cash to close to unlock $3,468/yr annual cash flow and $289/mo monthly cash flow. Total monthly income runs $1,386/mo, and a $881/mo payment keeps the spread at $289/mo. Purchase price stands at $180,000, and rental yield measures 9.24% with $1,386/mo rent. Return on cash invested shows 25.72% in year one, and 5% annual appreciation builds toward $49,731 over five years. Five-year ROI reaches 133.88% and total cumulative return in cash records $79,889. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,386/mo property income covering a $881/mo payment rather than investor’s personal income.
Single Family
Built in 1961
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28213, Charlotte, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,061 (100%) |
| Owner Occupied HU | 8,733 (41.5%) |
| Renter Occupied HU | 10,852 (51.5%) |
| Vacant Housing Units | 1,476 ( 7.0%) |
| Median Home Value | $335,034 |
| Average Home Value | $377,005 |
Housing Distribution
Address Breakdown
Residential
21,104
Single Family
15,335
Multi-Family
5,769
Businesses
1,143
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Listed by: Beth Holland • Mark Spain Real Estate
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4301405