Provenance Plan, The Courtyards at Quail ParkMint HillNC28227
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 Mint Hill at Provenance Plan, The Courtyards at Quail Park, Mint Hill, NC, 28227 priced at $815,900 converts $840/mo rent into after a $3,993/mo obligation. Total monthly income equals $840/mo. Return on cash invested prints 1.59% in year one, and rental yield reads 1.24% against a $815,900 entry. Equity gained on principal adds $5,265/yr, while 5% annual appreciation compiles into $225,418 by year five. Five-year ROI reaches 4.43% and total cumulative return in cash sums $11,888. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $840/mo property income covering a $3,993/mo payment, not borrower’s personal income.
Single Family
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28227, Charlotte, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 23,248 (100%) |
| Owner Occupied HU | 15,983 (68.7%) |
| Renter Occupied HU | 6,405 (27.6%) |
| Vacant Housing Units | 860 ( 3.7%) |
| Median Home Value | $399,436 |
| Average Home Value | $454,037 |
Housing Distribution
Address Breakdown
Residential
22,947
Single Family
19,993
Multi-Family
2,954
Businesses
1,371
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • Epcon Communities
Mls Name: Epcon Communities
Mls ID: #N/A