7537 Red Mulberry WayCharlotteNC28273
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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 Charlotte at 7537 Red Mulberry Way, Charlotte, NC, 28273 generates $2,137/mo in rent, after a $1,591/mo payment. Total monthly income is $2,137/mo. Return on cash invested sits at 18.64% in year one, and rental yield is 7.89% on a $325,000 entry. Equity gained on principal adds $2,097/yr, while 5% annual appreciation builds toward $89,792 over five years. Five-year ROI reaches 96.98% and total cumulative return in cash sums $104,485. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,137/mo property income rather than buyer’s personal income.
Townhouse
Built in 2016
0.04 Acres lot
$N/A/sqft
$270 monthly HOA
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Nearby investment properties with comparable prices
Listed by: Sarah Wiley • Coldwell Banker Carver-Pressley, Realtors
Mls Name: Canopy MLS as distributed by MLS GRID
Mls Provider:
Mls ID: #4309703
Disclaimer: Based on information submitted to the MLS GRID as of 2025-12-26 03:43:14 PST. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. [Click here for more information](/mls-disclaimers/#87)