9552 Kings Parade BlvdCharlotteNC28273
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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 9552 Kings Parade Blvd, Charlotte, NC, 28273 uses $135,252 cash to close to unlock $353/yr annual cash flow and $29/mo monthly cash flow. Total monthly income runs $2,516/mo, and a $1,997/mo payment keeps the spread at $29/mo. Purchase price stands at $408,000, and rental yield measures 7.4% with $2,516/mo rent. Return on cash invested shows 20.17% in year one, and 5% annual appreciation builds toward $112,723 over five years. Five-year ROI reaches 104.13% and total cumulative return in cash records $140,839. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,516/mo property income covering a $1,997/mo payment rather than investor’s personal income.
Townhouse
Built in 2004
N/A lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices
Listed by: Rachael Bryant • The Agency - Charlotte
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4340693