9211 Joyce Kilmer DrCharlotteNC28213
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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 9211 Joyce Kilmer Dr, Charlotte, NC, 28213 generates $2,908/mo in rent and, after a $1,958/mo payment, leaves $470/mo in cash flow. Total monthly income is $2,908/mo, and annual cash flow is $5,640/yr on $132,600 invested. Return on cash invested sits at 24.16% in year one, and rental yield is 8.72% on a $400,000 entry. Equity gained on principal adds $2,581/yr, while 5% annual appreciation builds toward $110,513 over five years. Five-year ROI reaches 125.51% and total cumulative return in cash sums $166,432. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,908/mo property income rather than buyer’s personal income.
Single Family
Built in 1971
0.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28213, Charlotte, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,061 (100%) |
| Owner Occupied HU | 8,733 (41.5%) |
| Renter Occupied HU | 10,852 (51.5%) |
| Vacant Housing Units | 1,476 ( 7.0%) |
| Median Home Value | $335,034 |
| Average Home Value | $377,005 |
Housing Distribution
Address Breakdown
Residential
21,104
Single Family
15,335
Multi-Family
5,769
Businesses
1,143
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Listed by: Daniel Callahan • RE/MAX Executive
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4334000