7944 Cedarsmith CtCharlotteNC28217
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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 7944 Cedarsmith Ct, Charlotte, NC, 28217 priced at $524,669 converts $2,339/mo rent into after a $2,568/mo obligation. Total monthly income equals $2,339/mo. Return on cash invested prints 12.56% in year one, and rental yield reads 5.35% against a $524,669 entry. Equity gained on principal adds $3,386/yr, while 5% annual appreciation compiles into $144,956 by year five. Five-year ROI reaches 63.85% and total cumulative return in cash sums $110,221. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,339/mo property income covering a $2,568/mo payment, not borrower’s personal income.
Townhouse
Built in 2025
N/A lot
$N/A/sqft
$220 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28217, Charlotte, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,244 (100%) |
| Owner Occupied HU | 4,437 (25.7%) |
| Renter Occupied HU | 11,138 (64.6%) |
| Vacant Housing Units | 1,669 ( 9.7%) |
| Median Home Value | $314,783 |
| Average Home Value | $421,853 |
Housing Distribution
Address Breakdown
Residential
14,065
Single Family
8,360
Multi-Family
5,705
Businesses
2,119
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Listed by: N/A • Tri Pointe Homes
Mls Name: TRI Pointe Homes
Mls Provider:
Mls ID: #N/A