8000 Greencastle DrCharlotteNC28210
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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 8000 Greencastle Dr, Charlotte, NC, 28210 with 5% annual appreciation on a $915,000 basis while $4,478/mo rent supports operations. 68% in year one. Equity gained on principal adds $5,904/yr, and five-year appreciation sums $252,798 alongside rental yield of 5.87%. Five-year ROI measures 80.02% and total cumulative return in cash totals $240,881. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $4,478/mo property income versus a $4,478/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1987
0.51 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28210, Charlotte, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,370 (100%) |
| Owner Occupied HU | 11,518 (51.5%) |
| Renter Occupied HU | 9,867 (44.1%) |
| Vacant Housing Units | 985 ( 4.4%) |
| Median Home Value | $546,589 |
| Average Home Value | $622,591 |
Housing Distribution
Address Breakdown
Residential
22,259
Single Family
12,348
Multi-Family
9,911
Businesses
860
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Listed by: Susan May • Corcoran HM Properties
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4295378