Magnolia Plan, Waterfront at The Vineyards on Lake WylieCharlotteNC28214
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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
Rental property for sale in Charlotte at Magnolia Plan, Waterfront at The Vineyards on Lake Wylie, Charlotte, NC, 28214 priced at $1,030,338 pairs $3,758/mo rent with after a $5,043/mo payment. Total monthly income equals $3,758/mo. Return on cash invested is 11.31% in year one, and rental yield stands at 4.38% on a $1,030,338 basis. Equity gained on principal adds $6,649/yr, and 5% annual appreciation accumulates to $284,663 by year five. Five-year ROI measures 56.49% and total cumulative return in cash reaches $188,580. For financing, Ziffy Mortgage’s DSCR program evaluates $3,758/mo property income against a $5,043/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2024
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28214, Charlotte, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,511 (100%) |
| Owner Occupied HU | 13,022 (70.3%) |
| Renter Occupied HU | 4,758 (25.7%) |
| Vacant Housing Units | 731 ( 3.9%) |
| Median Home Value | $356,899 |
| Average Home Value | $437,062 |
Housing Distribution
Address Breakdown
Residential
17,394
Single Family
17,156
Multi-Family
238
Businesses
454
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Listed by: N/A • Keystone Custom Homes
Mls Name: Keystone Custom Homes
Mls Provider:
Mls ID: #N/A