8348 Scotney Bluff AveCharlotteNC28273
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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 8348 Scotney Bluff Ave, Charlotte, NC, 28273 priced at $315,000 pairs $2,489/mo rent with $339/mo cash flow after a $1,542/mo payment. Total monthly income equals $2,489/mo, and annual cash flow comes to $4,068/yr on $104,423 invested. Return on cash invested is 23.8% in year one, and rental yield stands at 9.48% on a $315,000 basis. Equity gained on principal adds $2,033/yr, and 5% annual appreciation accumulates to $87,029 by year five. Five-year ROI measures 124.55% and total cumulative return in cash reaches $130,061. For financing, Ziffy Mortgage’s DSCR program evaluates $2,489/mo property income against a $1,542/mo payment instead of your W2s, 1099s, or Tax returns.
Townhouse
Built in 2005
0.04 Acres lot
$N/A/sqft
$230 monthly HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Carrie Rivera • EXP Realty LLC Ballantyne
Mls Name: Canopy MLS as distributed by MLS GRID
Mls Provider:
Mls ID: #4155909
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