805 Sardis Cove DrCharlotteNC28270
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 805 Sardis Cove Dr, Charlotte, NC, 28270 priced at $255,000 pairs $2,358/mo rent with $804/mo cash flow after a $1,248/mo payment. Total monthly income equals $2,358/mo, and annual cash flow comes to $9,648/yr on $84,533 invested. Return on cash invested is 31.32% in year one, and rental yield stands at 11.1% on a $255,000 basis. Equity gained on principal adds $1,645/yr, and 5% annual appreciation accumulates to $70,452 by year five. Five-year ROI measures 163.91% and total cumulative return in cash reaches $138,560. For financing, Ziffy Mortgage’s DSCR program evaluates $2,358/mo property income against a $1,248/mo payment instead of your W2s, 1099s, or Tax returns.
Townhouse
Built in 1982
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28270, Charlotte, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,991 (100%) |
| Owner Occupied HU | 9,562 (68.3%) |
| Renter Occupied HU | 4,021 (28.7%) |
| Vacant Housing Units | 408 ( 2.9%) |
| Median Home Value | $576,549 |
| Average Home Value | $604,243 |
Housing Distribution
Address Breakdown
Residential
13,484
Single Family
10,674
Multi-Family
2,810
Businesses
305
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Listed by: Dee Drobonick • Howard Hanna Allen Tate Charlotte South
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4324694