8051 Sultana CirCharlotteNC28227
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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 8051 Sultana Cir, Charlotte, NC, 28227 listed at $315,000 pairs $2,609/mo rent with a $1,542/mo payment to leave $689/mo cash flow. Total monthly income runs $2,609/mo, and annual cash flow reaches $8,268/yr on $104,423 cash to close. Return on cash invested measures 27.83% in year one, and rental yield registers 9.94% at a $315,000 basis. Equity gained on principal adds $2,033/yr, and annual property appreciation at 5% supports $87,029 by year five. Five-year ROI tracks 145.17% and total cumulative return in cash totals $151,589. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,609/mo property income relative to a $1,542/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 2003
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28227, Charlotte, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 23,248 (100%) |
| Owner Occupied HU | 15,983 (68.7%) |
| Renter Occupied HU | 6,405 (27.6%) |
| Vacant Housing Units | 860 ( 3.7%) |
| Median Home Value | $399,436 |
| Average Home Value | $454,037 |
Housing Distribution
Address Breakdown
Residential
22,947
Single Family
19,993
Multi-Family
2,954
Businesses
1,371
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Listed by: Jeremy Nord • Howard Hanna Allen Tate Charlotte South
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4331967