Newnan Plan, Galloway TownsCharlotteNC28262
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
Investment property for sale in Charlotte at Newnan Plan, Galloway Towns, Charlotte, NC, 28262 earns $391/mo cash flow from $2,702/mo rent with a $1,856/mo payment. Total monthly income totals $2,702/mo, and annual cash flow totals $4,691/yr on $125,721 capital. ROI tracks 23.64% on current figures, and rental yield reads 8.55% at a $379,250 purchase. Equity gained on principal adds $2,447/yr, and 5% annual appreciation supports $104,780 over five years. Five-year ROI reaches 122.72% and total cumulative return in cash sums $154,289. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,702/mo property income instead of your personal income.
Townhouse
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28262, Charlotte, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 27,572 (100%) |
| Owner Occupied HU | 6,674 (24.2%) |
| Renter Occupied HU | 17,684 (64.1%) |
| Vacant Housing Units | 3,214 (11.7%) |
| Median Home Value | $354,495 |
| Average Home Value | $431,493 |
Housing Distribution
Address Breakdown
Residential
24,274
Single Family
15,024
Multi-Family
9,250
Businesses
1,546
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • Pulte Homes
Mls Name: Pulte
Mls Provider:
Mls ID: #N/A