718 Eagle Point CtMatthewsNC28104
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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 Matthews at 718 Eagle Point Ct, Matthews, NC, 28104 offers $4,837/mo rent that, after a $7,826/mo payment. Total monthly income is $4,837/mo. Return on cash invested measures 9% in year one, and rental yield stands at 3.63% at a $1,599,000 entry. Equity gained on principal adds $10,318/yr while 5% annual appreciation compounds into $441,774 by year five. Five-year ROI records 44.13% and total cumulative return in cash reaches $228,649. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,837/mo property income versus a $7,826/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1995
1.86 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28104, Matthews, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,622 (100%) |
| Owner Occupied HU | 11,807 (86.7%) |
| Renter Occupied HU | 1,522 (11.2%) |
| Vacant Housing Units | 293 ( 2.2%) |
| Median Home Value | $550,468 |
| Average Home Value | $635,169 |
Housing Distribution
Address Breakdown
Residential
13,490
Single Family
13,490
Multi-Family
0
Businesses
585
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Nearby investment properties with comparable prices
Listed by: Sydney Greeson • Mackey Realty LLC
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4330891