Covington Plan, Saybrooke at Lake WylieCharlotteNC28278
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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 Covington Plan, Saybrooke at Lake Wylie, Charlotte, NC, 28278 at $787,489 posts ROI 16.48% with from $4,026/mo rent. Total monthly income equals $4,026/mo. Return on cash invested measures 16.48% and rental yield reads 6.13% at the current $787,489. Equity gained on principal adds $5,082/yr, and 5% annual appreciation supports $217,569 by year five. Five-year ROI prints 84.31% and total cumulative return in cash totals $218,440. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $4,026/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28278, Charlotte, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,560 (100%) |
| Owner Occupied HU | 11,144 (67.3%) |
| Renter Occupied HU | 4,181 (25.2%) |
| Vacant Housing Units | 1,235 ( 7.5%) |
| Median Home Value | $516,060 |
| Average Home Value | $598,110 |
Housing Distribution
Address Breakdown
Residential
15,786
Single Family
13,840
Multi-Family
1,946
Businesses
560
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Listed by: N/A • Keystone Custom Homes
Mls Name: Keystone Custom Homes
Mls Provider:
Mls ID: #N/A