LOT 86 LimelightWaxhawNC28173
Nearby investment properties with comparable rents
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 Waxhaw at LOT 86 Limelight, Waxhaw, NC, 28173 offers $3,132/mo rent that, after a $2,078/mo payment, leaves $545/mo cash flow. Total monthly income is $3,132/mo, and annual cash flow is $6,535/yr on $140,722 cash. Return on cash invested measures 24.55% in year one, and rental yield stands at 8.85% at a $424,500 entry. Equity gained on principal adds $2,739/yr while 5% annual appreciation compounds into $117,282 by year five. Five-year ROI records 127.63% and total cumulative return in cash reaches $179,608. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,132/mo property income versus a $2,078/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Townhouse
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28173, Waxhaw, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,726 (100%) |
| Owner Occupied HU | 19,959 (87.8%) |
| Renter Occupied HU | 2,103 ( 9.3%) |
| Vacant Housing Units | 664 ( 2.9%) |
| Median Home Value | $607,943 |
| Average Home Value | $684,101 |
Housing Distribution
Address Breakdown
Residential
22,303
Single Family
22,303
Multi-Family
0
Businesses
821
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Nearby investment properties with comparable prices
Listed by: N/A • Eastwood Homes
Mls Name: Eastwood Homes
Mls Provider:
Mls ID: #N/A