6701 Barcelona WayCharlotteNC28214
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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 6701 Barcelona Way, Charlotte, NC, 28214 priced at $475,640 converts $2,910/mo rent into $11/mo cash flow after a $2,328/mo obligation. Total monthly income equals $2,910/mo, and annual cash flow totals $135/yr on $157,675 invested. Return on cash invested prints 19.99% in year one, and rental yield reads 7.34% against a $475,640 entry. Equity gained on principal adds $3,069/yr, while 5% annual appreciation compiles into $131,411 by year five. Five-year ROI reaches 103.19% and total cumulative return in cash sums $162,700. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,910/mo property income covering a $2,328/mo payment, not borrower’s personal income.
Single Family
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28214, Charlotte, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,511 (100%) |
| Owner Occupied HU | 13,022 (70.3%) |
| Renter Occupied HU | 4,758 (25.7%) |
| Vacant Housing Units | 731 ( 3.9%) |
| Median Home Value | $356,899 |
| Average Home Value | $437,062 |
Housing Distribution
Address Breakdown
Residential
17,394
Single Family
17,156
Multi-Family
238
Businesses
454
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Listed by: Theresa, Tricia & Lyndsay - Online Concierge Team • D.R. Horton
Mls Name: DR Horton
Mls Provider:
Mls ID: #N/A