6309 Pineburr RdCharlotteNC28211
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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
Total monthly income runs $2,410/mo, and a $2,012/mo payment. Purchase price stands at $411,000, and rental yield measures 7.04% with $2,410/mo rent. Return on cash invested shows 19.07% in year one, and 5% annual appreciation builds toward $113,552 over five years. Five-year ROI reaches 98.22% and total cumulative return in cash records $133,825. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,410/mo property income covering a $2,012/mo payment rather than investor’s personal income.
Single Family
Built in 1982
0.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28211, Charlotte, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,668 (100%) |
| Owner Occupied HU | 8,347 (53.3%) |
| Renter Occupied HU | 6,182 (39.5%) |
| Vacant Housing Units | 1,139 ( 7.3%) |
| Median Home Value | $764,751 |
| Average Home Value | $930,315 |
Housing Distribution
Address Breakdown
Residential
15,274
Single Family
10,625
Multi-Family
4,649
Businesses
981
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Listed by: Bobbie Weber • ProStead Realty
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4319188