6212 Derryfield DrCharlotteNC28213
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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 6212 Derryfield Dr, Charlotte, NC, 28213 offers a 9.16% rental yield on a $264,999 purchase with $2,022/mo rent. Total monthly income registers $2,022/mo, and a $1,297/mo payment leaves $407/mo available for distribution. Annual cash flow reaches $4,884/yr on $87,847 to close, and return on cash invested stands at 25.47% in year one. Equity gained on principal adds $1,710/yr while 5% annual appreciation supports $73,214 over five years. Portfolio math shows five-year ROI at 132.52% and total cumulative return in cash at $116,415. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,022/mo property income against a $1,297/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2001
0.11 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28213, Charlotte, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,061 (100%) |
| Owner Occupied HU | 8,733 (41.5%) |
| Renter Occupied HU | 10,852 (51.5%) |
| Vacant Housing Units | 1,476 ( 7.0%) |
| Median Home Value | $335,034 |
| Average Home Value | $377,005 |
Housing Distribution
Address Breakdown
Residential
21,104
Single Family
15,335
Multi-Family
5,769
Businesses
1,143
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Listed by: Noah Morris • COMPASS
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4316143