7407 Red Mulberry Way,Charlotte,NC,28273

Investment Highlights

Investment property for sale in Charlotte at 7407 Red Mulberry Way, Charlotte, NC, 28273 listed at $340,000 pairs $2,368/mo rent with a $1,664/mo payment to leave $296/mo cash flow. Total monthly income runs $2,368/mo, and annual cash flow reaches $3,552/yr on $112,710 cash to close. Return on cash invested measures 23.06% in year one, and rental yield registers 8.36% at a $340,000 basis. Equity gained on principal adds $2,194/yr, and annual property appreciation at 5% supports $93,936 by year five. Five-year ROI tracks 119.6% and total cumulative return in cash totals $134,802. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,368/mo property income relative to a $1,664/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).