5821 Tuckaseegee RdCharlotteNC28208
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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
Rental property for sale in Charlotte at 5821 Tuckaseegee Rd, Charlotte, NC, 28208 priced at $307,897 converts $2,034/mo rent into $158/mo cash flow after a $1,507/mo obligation. Total monthly income equals $2,034/mo, and annual cash flow totals $1,890/yr on $102,068 invested. Return on cash invested prints 21.76% in year one, and rental yield reads 7.93% against a $307,897 entry. Equity gained on principal adds $1,987/yr, while 5% annual appreciation compiles into $85,066 by year five. Five-year ROI reaches 112.66% and total cumulative return in cash sums $114,991. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,034/mo property income covering a $1,507/mo payment, not borrower’s personal income.
Townhouse
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28208, Charlotte, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,659 (100%) |
| Owner Occupied HU | 6,538 (33.3%) |
| Renter Occupied HU | 11,065 (56.3%) |
| Vacant Housing Units | 2,056 (10.5%) |
| Median Home Value | $235,220 |
| Average Home Value | $316,487 |
Housing Distribution
Address Breakdown
Residential
17,498
Single Family
14,332
Multi-Family
3,166
Businesses
1,696
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Listed by: Kevin Glover • Mungo Homes
Mls Name: Mungo Homes, Inc
Mls Provider:
Mls ID: #N/A