5632 Kingspan DrCharlotteNC28217
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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 5632 Kingspan Dr, Charlotte, NC, 28217 with 5% annual appreciation on a $346,990 basis while $2,339/mo rent supports operations. 8% in year one. Equity gained on principal adds $2,239/yr, and five-year appreciation sums $95,867 alongside rental yield of 8.09%. Five-year ROI measures 103.03% and total cumulative return in cash totals $118,517. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,339/mo property income versus a $1,698/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Townhouse
Built in 2025
N/A lot
$N/A/sqft
$235 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28217, Charlotte, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,244 (100%) |
| Owner Occupied HU | 4,437 (25.7%) |
| Renter Occupied HU | 11,138 (64.6%) |
| Vacant Housing Units | 1,669 ( 9.7%) |
| Median Home Value | $314,783 |
| Average Home Value | $421,853 |
Housing Distribution
Address Breakdown
Residential
14,065
Single Family
8,360
Multi-Family
5,705
Businesses
2,119
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Listed by: N/A • Tri Pointe Homes
Mls Name: TRI Pointe Homes
Mls Provider:
Mls ID: #N/A