Amber Plan, Galloway RidgeCharlotteNC28216
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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 Amber Plan, Galloway Ridge, Charlotte, NC, 28216 with 5% annual appreciation on a $384,990 basis while $2,393/mo rent supports operations. Total monthly income totals $2,393/mo and a $1,884/mo payment preserves $47/mo for cash returns. Annual cash flow comes to $564/yr on $127,624 deployed, and return on cash invested reaches 20.35% in year one. Equity gained on principal adds $2,484/yr, and five-year appreciation sums $106,366 alongside rental yield of 7.46%. Five-year ROI measures 105.12% and total cumulative return in cash totals $134,155.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,393/mo property income versus a $1,884/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28216, Charlotte, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 25,978 (100%) |
| Owner Occupied HU | 12,509 (48.2%) |
| Renter Occupied HU | 11,488 (44.2%) |
| Vacant Housing Units | 1,981 ( 7.6%) |
| Median Home Value | $327,616 |
| Average Home Value | $375,376 |
Housing Distribution
Address Breakdown
Residential
24,907
Single Family
21,061
Multi-Family
3,846
Businesses
1,541
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Listed by: N/A • Meritage Homes
Mls Name: Meritage Homes
Mls Provider:
Mls ID: #N/A