813 E Kingston AveCharlotteNC28203
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
Investment property for sale in Charlotte at 813 E Kingston Ave, Charlotte, NC, 28203 projects strong ROI of 11.18%. Rental yield 4.34%. With 5% annual appreciation, the property builds $634,066 in value over five years. Equity growth combined delivers a projected five-year ROI of 55.82%, translating into $415,041 in total cumulative return on $743,580 invested capital. You can finance this property with Ziffy Mortgage’s DSCR loan, which leverages the property’s income for qualification rather than your personal income.
Single Family
Built in 1925
0.16 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28203, Charlotte, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,849 (100%) |
| Owner Occupied HU | 3,366 (20.0%) |
| Renter Occupied HU | 10,649 (63.2%) |
| Vacant Housing Units | 2,834 (16.8%) |
| Median Home Value | $804,390 |
| Average Home Value | $879,402 |
Housing Distribution
Address Breakdown
Residential
11,563
Single Family
4,189
Multi-Family
7,374
Businesses
1,656
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Michaela Scurlock • Scurlock Agency
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4297717