941 Sardis Cove DrCharlotteNC28270
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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 941 Sardis Cove Dr, Charlotte, NC, 28270 uses $67,958 cash to close to unlock $7,164/yr annual cash flow and $597/mo monthly cash flow. Total monthly income runs $1,846/mo, and a $1,003/mo payment keeps the spread at $597/mo. Purchase price stands at $205,000, and rental yield measures 10.81% with $1,846/mo rent. Return on cash invested shows 30.45% in year one, and 5% annual appreciation builds toward $56,638 over five years. Five-year ROI reaches 159.23% and total cumulative return in cash records $108,210. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,846/mo property income covering a $1,003/mo payment rather than investor’s personal income.
Townhouse
Built in 1981
0.04 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28270, Charlotte, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,991 (100%) |
| Owner Occupied HU | 9,562 (68.3%) |
| Renter Occupied HU | 4,021 (28.7%) |
| Vacant Housing Units | 408 ( 2.9%) |
| Median Home Value | $576,549 |
| Average Home Value | $604,243 |
Housing Distribution
Address Breakdown
Residential
13,484
Single Family
10,674
Multi-Family
2,810
Businesses
305
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Listed by: Beth Holland • Mark Spain Real Estate
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4338060