8615 Ferguson RdMint hillNC28227
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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 Mint hill at 8615 Ferguson Rd, Mint hill, NC, 28227 at $750,000 posts ROI 15.56% with from $3,646/mo rent. Total monthly income equals $3,646/mo. Return on cash invested measures 15.56% and rental yield reads 5.83% at the current $750,000. Equity gained on principal adds $4,840/yr, and 5% annual appreciation supports $207,211 by year five. Five-year ROI prints 79.37% and total cumulative return in cash totals $195,834. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,646/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2017
1.34 Acres 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: Lisa Archer • Keller Williams Ballantyne Area
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4281586