Sparrow Plan, Archer RowCharlotteNC28217
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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 Sparrow Plan, Archer Row, Charlotte, NC, 28217 offers $2,339/mo rent that, after a $2,217/mo payment. Total monthly income is $2,339/mo. Return on cash invested measures 14.78% in year one, and rental yield stands at 6.2% at a $452,990 entry. Equity gained on principal adds $2,923/yr while 5% annual appreciation compounds into $125,153 by year five. Five-year ROI records 75.87% and total cumulative return in cash reaches $113,937. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,339/mo property income versus a $2,217/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
$220 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28217, Charlotte, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,244 (100%) |
| Owner Occupied HU | 4,437 (25.7%) |
| Renter Occupied HU | 11,138 (64.6%) |
| Vacant Housing Units | 1,669 ( 9.7%) |
| Median Home Value | $314,783 |
| Average Home Value | $421,853 |
Housing Distribution
Address Breakdown
Residential
14,065
Single Family
8,360
Multi-Family
5,705
Businesses
2,119
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Listed by: N/A • Tri Pointe Homes
Mls Name: TRI Pointe Homes
Mls Provider:
Mls ID: #N/A