8917 Cedar Run WayCharlotteNC28273
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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 8917 Cedar Run Way, Charlotte, NC, 28273 generates $2,720/mo in rent, after a $2,203/mo payment. Total monthly income is $2,720/mo. Return on cash invested sits at 19.72% in year one, and rental yield is 7.25% on a $450,000 entry. Equity gained on principal adds $2,904/yr, while 5% annual appreciation builds toward $124,327 over five years. Five-year ROI reaches 101.72% and total cumulative return in cash sums $151,734. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,720/mo property income rather than buyer’s personal income.
Single Family
Built in 1999
0.23 Acres lot
$N/A/sqft
No HOA
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Listed by: Julie Van Slambrook • First Properties
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4304190