The Orion: Build On Your Lot Plan, North Carolina: Build on your Lot, Charlotte, NC, 28202 | $1,499/mo Cash Flow

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NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Charlotte at The Orion: Build On Your Lot Plan, North Carolina: Build on your Lot, Charlotte, NC, 28202 with 5% annual appreciation on a $531,740 basis while $4,740/mo rent supports operations. Total monthly income totals $4,740/mo and a $2,603/mo payment preserves $1,499/mo for cash returns. Annual cash flow comes to $17,987/yr on $174,942 deployed, and return on cash invested reaches 30.34% in year one. Equity gained on principal adds $3,431/yr, and five-year appreciation sums $146,910 alongside rental yield of 10.7%. Five-year ROI measures 158.62% and total cumulative return in cash totals $277,501.

Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $4,740/mo property income versus a $2,603/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.

Single Family

Built in 2024

N/A lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 28202, Charlotte, NC area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	13,577 (100%)
Owner Occupied HU	2,361 (17.4%)
Renter Occupied HU	9,420 (69.4%)
Vacant Housing Units	1,796 (13.2%)
Median Home Value	$536,677
Average Home Value	$631,626