6519 Mallard Park DrCharlotteNC28269
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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 6519 Mallard Park Dr, Charlotte, NC, 28269 offers $2,627/mo rent that, after a $1,822/mo payment, leaves $358/mo cash flow. Total monthly income is $2,627/mo, and annual cash flow is $4,299/yr on $123,417 cash. Return on cash invested measures 23.39% in year one, and rental yield stands at 8.47% at a $372,300 entry. Equity gained on principal adds $2,402/yr while 5% annual appreciation compounds into $102,860 by year five. Five-year ROI records 121.43% and total cumulative return in cash reaches $149,863. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,627/mo property income versus a $1,822/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1997
5,662 sqft lot
$N/A/sqft
No 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: N/A • N/A
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