8904 Hadco LnMatthewsNC28105
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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
Total monthly income runs $2,730/mo, and a $2,423/mo payment. Purchase price stands at $495,000, and rental yield measures 6.62% with $2,730/mo rent. Return on cash invested shows 17.81% in year one, and 5% annual appreciation builds toward $136,759 over five years. Five-year ROI reaches 91.45% and total cumulative return in cash records $150,070. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,730/mo property income covering a $2,423/mo payment rather than investor’s personal income.
Single Family
Built in 2001
0.38 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28105, Matthews, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,494 (100%) |
| Owner Occupied HU | 12,458 (63.9%) |
| Renter Occupied HU | 6,384 (32.7%) |
| Vacant Housing Units | 652 ( 3.3%) |
| Median Home Value | $457,147 |
| Average Home Value | $515,720 |
Housing Distribution
Address Breakdown
Residential
19,513
Single Family
15,532
Multi-Family
3,981
Businesses
1,554
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Listed by: N/A • N/A
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Mls ID: #N/A