5017 Celeste CtCharlotteNC28270
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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 5017 Celeste Ct, Charlotte, NC, 28270 offers a 9.06% rental yield on a $699,500 purchase with $5,280/mo rent. Total monthly income registers $5,280/mo, and a $3,424/mo payment leaves $1,017/mo available for distribution. Annual cash flow reaches $12,199/yr on $230,136 to close, and return on cash invested stands at 25.36% in year one. Equity gained on principal adds $4,514/yr while 5% annual appreciation supports $193,259 over five years. Portfolio math shows five-year ROI at 131.92% and total cumulative return in cash at $303,603. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $5,280/mo property income against a $3,424/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1972
0.45 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28270, Charlotte, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,991 (100%) |
| Owner Occupied HU | 9,562 (68.3%) |
| Renter Occupied HU | 4,021 (28.7%) |
| Vacant Housing Units | 408 ( 2.9%) |
| Median Home Value | $576,549 |
| Average Home Value | $604,243 |
Housing Distribution
Address Breakdown
Residential
13,484
Single Family
10,674
Multi-Family
2,810
Businesses
305
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Listed by: Jonathan Diianni • COMPASS
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4289916