6908 Evanton Loch RdCharlotteNC28278
Nearby investment properties with comparable rents
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 6908 Evanton Loch Rd, Charlotte, NC, 28278 earns $209/mo cash flow from $3,424/mo rent with a $2,582/mo payment. Total monthly income totals $3,424/mo, and annual cash flow totals $2,508/yr on $173,548 capital. ROI tracks 21.51% on current figures, and rental yield reads 7.79% at a $527,500 purchase. Equity gained on principal adds $3,404/yr, and 5% annual appreciation supports $145,739 over five years. Five-year ROI reaches 111.24% and total cumulative return in cash sums $193,046. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,424/mo property income instead of your personal income.
Single Family
Built in 2006
0.19 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28278, Charlotte, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,560 (100%) |
| Owner Occupied HU | 11,144 (67.3%) |
| Renter Occupied HU | 4,181 (25.2%) |
| Vacant Housing Units | 1,235 ( 7.5%) |
| Median Home Value | $516,060 |
| Average Home Value | $598,110 |
Housing Distribution
Address Breakdown
Residential
15,786
Single Family
13,840
Multi-Family
1,946
Businesses
560
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Kim Venable • Real Broker, LLC
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4279913