704 Baron RdWaxhawNC28173
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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 Waxhaw at 704 Baron Rd, Waxhaw, NC, 28173 priced at $1,495,000 pairs $5,656/mo rent with after a $7,317/mo payment. Total monthly income equals $5,656/mo. Return on cash invested is 11.81% in year one, and rental yield stands at 4.54% on a $1,495,000 basis. Equity gained on principal adds $9,647/yr, and 5% annual appreciation accumulates to $413,041 by year five. Five-year ROI measures 59.18% and total cumulative return in cash reaches $286,669. For financing, Ziffy Mortgage’s DSCR program evaluates $5,656/mo property income against a $7,317/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1976
2.80 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28173, Waxhaw, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,726 (100%) |
| Owner Occupied HU | 19,959 (87.8%) |
| Renter Occupied HU | 2,103 ( 9.3%) |
| Vacant Housing Units | 664 ( 2.9%) |
| Median Home Value | $607,943 |
| Average Home Value | $684,101 |
Housing Distribution
Address Breakdown
Residential
22,303
Single Family
22,303
Multi-Family
0
Businesses
821
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Listed by: Steven Mueller • EXP Realty LLC Ballantyne
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4301731