612 E 16th St, Charlotte, NC, 28206 | 4.41% Rental Yield

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Total monthly income runs $2,174/mo, and a $2,893/mo payment. Purchase price stands at $591,000, and rental yield measures 4.41% with $2,174/mo rent. Return on cash invested shows 11.25% in year one, and 5% annual appreciation builds toward $163,282 over five years. Five-year ROI reaches 56.23% and total cumulative return in cash records $109,326. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,174/mo property income covering a $2,893/mo payment rather than investor’s personal income.

Townhouse

Built in 2025

N/A lot

$N/A/sqft

No HOA