Eldorado Plan, Waxhaw LandingMonroeNC28112
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Nearby investment properties with comparable prices
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 Monroe at Eldorado Plan, Waxhaw Landing, Monroe, NC, 28112 priced at $463,990 pairs $3,078/mo rent with $250/mo cash flow after a $2,271/mo payment. Total monthly income equals $3,078/mo, and annual cash flow comes to $3,003/yr on $153,813 invested. Return on cash invested is 21.86% in year one, and rental yield stands at 7.96% on a $463,990 basis. Equity gained on principal adds $2,994/yr, and 5% annual appreciation accumulates to $128,192 by year five. Five-year ROI measures 113.21% and total cumulative return in cash reaches $174,126. For financing, Ziffy Mortgage’s DSCR program evaluates $3,078/mo property income against a $2,271/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28112, Monroe, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,383 (100%) |
| Owner Occupied HU | 8,046 (70.7%) |
| Renter Occupied HU | 2,743 (24.1%) |
| Vacant Housing Units | 594 ( 5.2%) |
| Median Home Value | $359,879 |
| Average Home Value | $454,375 |
Housing Distribution
Address Breakdown
Residential
10,771
Single Family
10,763
Multi-Family
8
Businesses
626
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Listed by: N/A • Mattamy Homes
Mls Name: Mattamy Homes
Mls ID: #N/A