Balboa Plan, Weddington GroveWeddingtonNC28104
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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 Weddington at Balboa Plan, Weddington Grove, Weddington, NC, 28104 at $1,726,900 posts ROI 11% with from $6,157/mo rent. Total monthly income equals $6,157/mo. Return on cash invested measures 11% and rental yield reads 4.28% at the current $1,726,900. Equity gained on principal adds $11,143/yr, and 5% annual appreciation supports $477,111 by year five. Five-year ROI prints 54.86% and total cumulative return in cash totals $306,929. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $6,157/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2026
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28104, Matthews, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,622 (100%) |
| Owner Occupied HU | 11,807 (86.7%) |
| Renter Occupied HU | 1,522 (11.2%) |
| Vacant Housing Units | 293 ( 2.2%) |
| Median Home Value | $550,468 |
| Average Home Value | $635,169 |
Housing Distribution
Address Breakdown
Residential
13,490
Single Family
13,490
Multi-Family
0
Businesses
585
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Listed by: N/A • Classica Homes
Mls Name: Classica Homes
Mls Provider:
Mls ID: #N/A