7824 Davinci LnCharlotteNC28226
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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
Investment property for sale in Charlotte at 7824 Davinci Ln, Charlotte, NC, 28226 offers a 8.53% rental yield on a $259,800 purchase with $1,847/mo rent. Total monthly income registers $1,847/mo, and a $1,272/mo payment leaves $23/mo available for distribution. Annual cash flow reaches $279/yr on $86,124 to close, and return on cash invested stands at 20.23% in year one. Equity gained on principal adds $1,676/yr while 5% annual appreciation supports $71,778 over five years. Portfolio math shows five-year ROI at 105.72% and total cumulative return in cash at $91,047. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,847/mo property income against a $1,272/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1982
10.19 Acres lot
$N/A/sqft
$240 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28226, Charlotte, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,064 (100%) |
| Owner Occupied HU | 11,384 (66.7%) |
| Renter Occupied HU | 5,016 (29.4%) |
| Vacant Housing Units | 664 ( 3.9%) |
| Median Home Value | $595,891 |
| Average Home Value | $673,224 |
Housing Distribution
Address Breakdown
Residential
17,625
Single Family
12,619
Multi-Family
5,006
Businesses
1,122
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