9732 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
Rental property for sale in Charlotte at 9732 Kings Parade Blvd, Charlotte, NC, 28273 generates $2,359/mo in rent and, after a $1,810/mo payment, leaves $105/mo in cash flow. Total monthly income is $2,359/mo, and annual cash flow is $1,261/yr on $122,622 invested. Return on cash invested sits at 20.94% in year one, and rental yield is 7.65% on a $369,900 entry. Equity gained on principal adds $2,387/yr, while 5% annual appreciation builds toward $102,197 over five years. Five-year ROI reaches 108.26% and total cumulative return in cash sums $132,754. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,359/mo property income rather than buyer’s personal income.
Townhouse
Built in 2005
0.05 Acres lot
$N/A/sqft
No HOA
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Listed by: Jacki Shaffer • OfferPad Brokerage LLC
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4335441