6218 Vasey StCharlotteNC28269
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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 6218 Vasey St, Charlotte, NC, 28269 priced at $374,449 pairs $2,394/mo rent with after a $1,833/mo payment. Total monthly income equals $2,394/mo. Return on cash invested is 18.99% in year one, and rental yield stands at 7.67% on a $374,449 basis. Equity gained on principal adds $2,416/yr, and 5% annual appreciation accumulates to $103,453 by year five. Five-year ROI measures 98.51% and total cumulative return in cash reaches $122,278. For financing, Ziffy Mortgage’s DSCR program evaluates $2,394/mo property income against a $1,833/mo payment instead of your W2s, 1099s, or Tax returns.
Townhouse
Built in 2024
0.04 Acres lot
$N/A/sqft
$207 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28269, Charlotte, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 34,862 (100%) |
| Owner Occupied HU | 20,483 (58.8%) |
| Renter Occupied HU | 12,839 (36.8%) |
| Vacant Housing Units | 1,540 ( 4.4%) |
| Median Home Value | $372,364 |
| Average Home Value | $427,626 |
Housing Distribution
Address Breakdown
Residential
34,806
Single Family
28,075
Multi-Family
6,731
Businesses
1,877
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Listed by: Kyle Rivera • Mattamy Carolina Corporation
Mls Name: Canopy MLS as distributed by MLS GRID
Mls Provider:
Mls ID: #4173219
Disclaimer: Based on information submitted to the MLS GRID as of 2024-01-24 10:55:15 PST. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. [Click here for more information](/info/mls-disclaimers/#mls_87)