The Fenmore Plan, AvienmoreCharlotteNC28278
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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
Investment property for sale in Charlotte at The Fenmore Plan, Avienmore, Charlotte, NC, 28278 with 5% annual appreciation on a $551,990 basis while $3,791/mo rent supports operations. Total monthly income totals $3,791/mo and a $2,702/mo payment preserves $427/mo for cash returns. Annual cash flow comes to $5,119/yr on $181,605 deployed, and return on cash invested reaches 22.88% in year one. Equity gained on principal adds $3,562/yr, and five-year appreciation sums $152,505 alongside rental yield of 8.24%. Five-year ROI measures 118.62% and total cumulative return in cash totals $215,411.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,791/mo property income versus a $2,702/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2026
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: N/A • M/I Homes
Mls Name: M/I Homes
Mls Provider:
Mls ID: #N/A