The Rowan: Build On Your Lot Plan, North Carolina: Build on your Lot,Charlotte,NC,28202

Investment Highlights

Investment property for sale in Charlotte at The Rowan: Build On Your Lot Plan, North Carolina: Build on your Lot, Charlotte, NC, 28202 offers a 11.26% rental yield on a $505,120 purchase with $4,740/mo rent. Total monthly income registers $4,740/mo, and a $2,472/mo payment leaves $1,662/mo available for distribution. Annual cash flow reaches $19,942/yr on $166,184 to close, and return on cash invested stands at 32.06% in year one. Equity gained on principal adds $3,259/yr while 5% annual appreciation supports $139,555 over five years. Portfolio math shows five-year ROI at 167.84% and total cumulative return in cash at $278,923. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,740/mo property income against a $2,472/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.