5832 Thompson RdCharlotteNC28216
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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 5832 Thompson Rd, Charlotte, NC, 28216 offers a 11.43% rental yield on a $244,200 purchase with $2,326/mo rent. Total monthly income registers $2,326/mo, and a $1,195/mo payment leaves $838/mo available for distribution. Annual cash flow reaches $10,056/yr on $80,952 to close, and return on cash invested stands at 32.33% in year one. Equity gained on principal adds $1,576/yr while 5% annual appreciation supports $67,468 over five years. Portfolio math shows five-year ROI at 169.32% and total cumulative return in cash at $137,065. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,326/mo property income against a $1,195/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1988
0.52 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28216, Charlotte, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 25,978 (100%) |
| Owner Occupied HU | 12,509 (48.2%) |
| Renter Occupied HU | 11,488 (44.2%) |
| Vacant Housing Units | 1,981 ( 7.6%) |
| Median Home Value | $327,616 |
| Average Home Value | $375,376 |
Housing Distribution
Address Breakdown
Residential
24,907
Single Family
21,061
Multi-Family
3,846
Businesses
1,541
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