5420 Gwynne AveCharlotteNC28205
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 5420 Gwynne Ave, Charlotte, NC, 28205 earns $289/mo cash flow from $2,666/mo rent with a $1,909/mo payment. Total monthly income totals $2,666/mo, and annual cash flow totals $3,468/yr on $129,285 capital. ROI tracks 22.59% on current figures, and rental yield reads 8.2% at a $390,000 purchase. Equity gained on principal adds $2,517/yr, and 5% annual appreciation supports $107,750 over five years. Five-year ROI reaches 117.09% and total cumulative return in cash sums $151,376. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,666/mo property income instead of your personal income.
Single Family
Built in 1956
0.21 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28205, Charlotte, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 25,956 (100%) |
| Owner Occupied HU | 9,880 (38.1%) |
| Renter Occupied HU | 14,310 (55.1%) |
| Vacant Housing Units | 1,766 ( 6.8%) |
| Median Home Value | $504,731 |
| Average Home Value | $571,606 |
Housing Distribution
Address Breakdown
Residential
25,561
Single Family
20,489
Multi-Family
5,072
Businesses
1,729
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jeremy Juarez • Howard Hanna Allen Tate Charlotte South
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4333087