904 Morningstar LnMatthewsNC28104
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 $3,332/mo, and a $3,499/mo payment. Purchase price stands at $714,900, and rental yield measures 5.59% with $3,332/mo rent. Return on cash invested shows 14.83% in year one, and 5% annual appreciation builds toward $197,514 over five years. Five-year ROI reaches 75.47% and total cumulative return in cash records $177,506. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,332/mo property income covering a $3,499/mo payment rather than investor’s personal income.
Single Family
Built in 2014
0.12 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28104, Matthews, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,622 (100%) |
| Owner Occupied HU | 11,807 (86.7%) |
| Renter Occupied HU | 1,522 (11.2%) |
| Vacant Housing Units | 293 ( 2.2%) |
| Median Home Value | $550,468 |
| Average Home Value | $635,169 |
Housing Distribution
Address Breakdown
Residential
13,490
Single Family
13,490
Multi-Family
0
Businesses
585
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Kubi Holwager • Tree Realty, LLC
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4329288