6800 Augustine WayCharlotteNC28270
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Nearby investment properties with comparable prices
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 6800 Augustine Way, Charlotte, NC, 28270 listed at $1,100,000 pairs $3,768/mo rent with a $5,384/mo payment. Total monthly income runs $3,768/mo. Return on cash invested measures 10.48% in year one, and rental yield registers 4.11% at a $1,100,000 basis. Equity gained on principal adds $7,098/yr, and annual property appreciation at 5% supports $303,910 by year five. Five-year ROI tracks 52.07% and total cumulative return in cash totals $185,587. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,768/mo property income relative to a $5,384/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2005
0.46 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28270, Charlotte, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,991 (100%) |
| Owner Occupied HU | 9,562 (68.3%) |
| Renter Occupied HU | 4,021 (28.7%) |
| Vacant Housing Units | 408 ( 2.9%) |
| Median Home Value | $576,549 |
| Average Home Value | $604,243 |
Housing Distribution
Address Breakdown
Residential
13,484
Single Family
10,674
Multi-Family
2,810
Businesses
305
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Listed by: Shaleen Young • Young Realty & Associates LLC
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4331637