Murray Plan, Porter's RowCharlotteNC28278
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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 Murray Plan, Porter's Row, Charlotte, NC, 28278 priced at $351,990 pairs $2,600/mo rent with $455/mo cash flow after a $1,723/mo payment. Total monthly income equals $2,600/mo, and annual cash flow comes to $5,455/yr on $116,685 invested. Return on cash invested is 24.58% in year one, and rental yield stands at 8.86% on a $351,990 basis. Equity gained on principal adds $2,271/yr, and 5% annual appreciation accumulates to $97,248 by year five. Five-year ROI measures 127.8% and total cumulative return in cash reaches $149,127. For financing, Ziffy Mortgage’s DSCR program evaluates $2,600/mo property income against a $1,723/mo payment instead of your W2s, 1099s, or Tax returns.
Townhouse
Built in 2024
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: US - Charlotte - Porters Row • Mattamy Homes
Mls Name: Mattamy Homes
Mls ID: #N/A