8534 Highgrove StCharlotteNC28277
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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 8534 Highgrove St, Charlotte, NC, 28277 priced at $1,899,000 pairs $6,456/mo rent with after a $9,295/mo payment. Total monthly income equals $6,456/mo. Return on cash invested is 10.39% in year one, and rental yield stands at 4.08% on a $1,899,000 basis. Equity gained on principal adds $12,254/yr, and 5% annual appreciation accumulates to $524,659 by year five. Five-year ROI measures 51.57% and total cumulative return in cash reaches $317,269. For financing, Ziffy Mortgage’s DSCR program evaluates $6,456/mo property income against a $9,295/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2004
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28277, Charlotte, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 31,769 (100%) |
| Owner Occupied HU | 19,073 (60.0%) |
| Renter Occupied HU | 11,197 (35.2%) |
| Vacant Housing Units | 1,499 ( 4.7%) |
| Median Home Value | $588,425 |
| Average Home Value | $647,277 |
Housing Distribution
Address Breakdown
Residential
31,868
Single Family
23,034
Multi-Family
8,834
Businesses
2,015
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Listed by: Betsy Stec Market • Ivester Jackson Christie's
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4257228