9325 Old Concord Rd APT FCharlotteNC28213
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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 Charlotte at 9325 Old Concord Rd APT F, Charlotte, NC, 28213 earns $236/mo cash flow from $1,181/mo rent with a $759/mo payment. Total monthly income totals $1,181/mo, and annual cash flow totals $2,832/yr on $51,383 capital. ROI tracks 25.42% on current figures, and rental yield reads 9.14% at a $155,000 purchase. Equity gained on principal adds $1,000/yr, and 5% annual appreciation supports $42,824 over five years. Five-year ROI reaches 132.24% and total cumulative return in cash sums $67,948. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,181/mo property income instead of your personal income.
Condo
Built in 1985
N/A 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: Adam Barton • Lake Norman Agents LLC
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4322902