6432 Old Pineville RdCharlotteNC28217
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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 6432 Old Pineville Rd, Charlotte, NC, 28217 earns $176/mo cash flow from $1,547/mo rent with a $1,101/mo payment. Total monthly income totals $1,547/mo, and annual cash flow totals $2,112/yr on $74,588 capital. ROI tracks 22.74% on current figures, and rental yield reads 8.25% at a $225,000 purchase. Equity gained on principal adds $1,452/yr, and 5% annual appreciation supports $62,163 over five years. Five-year ROI reaches 117.88% and total cumulative return in cash sums $87,921. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,547/mo property income instead of your personal income.
Condo
Built in 1968
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28217, Charlotte, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,244 (100%) |
| Owner Occupied HU | 4,437 (25.7%) |
| Renter Occupied HU | 11,138 (64.6%) |
| Vacant Housing Units | 1,669 ( 9.7%) |
| Median Home Value | $314,783 |
| Average Home Value | $421,853 |
Housing Distribution
Address Breakdown
Residential
14,065
Single Family
8,360
Multi-Family
5,705
Businesses
2,119
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Listed by: Trinh Forstner • Mackey Realty LLC
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4326169