5437 Old Course DrCharlotteNC28277
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 5437 Old Course Dr, Charlotte, NC, 28277 earns from $5,695/mo rent with a $8,321/mo payment. Total monthly income totals $5,695/mo. ROI tracks 10.2% on current figures, and rental yield reads 4.02% at a $1,700,000 purchase. Equity gained on principal adds $10,970/yr, and 5% annual appreciation supports $469,679 over five years. Five-year ROI reaches 50.57% and total cumulative return in cash sums $278,539. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $5,695/mo property income instead of your personal income.
Single Family
Built in 1994
0.52 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28277, Charlotte, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 31,769 (100%) |
| Owner Occupied HU | 19,073 (60.0%) |
| Renter Occupied HU | 11,197 (35.2%) |
| Vacant Housing Units | 1,499 ( 4.7%) |
| Median Home Value | $588,425 |
| Average Home Value | $647,277 |
Housing Distribution
Address Breakdown
Residential
31,868
Single Family
23,034
Multi-Family
8,834
Businesses
2,015
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jean Benham • Allen Tate SouthPark
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4279899