Top 10 Charlotte Zillow Investment Listings Ranked by Cash-on-Cash Return
Ten Charlotte rental listings from Zillow ranked by cash-on-cash return. Townhomes and east/west-side SFRs with Realy metrics and investor notes.
These ten listings were pulled from Charlotte Zillow markets (28213, 28214, 28212, 28210, 28208, 28269, 28206, 28202, 28216) and ranked by cash-on-cash return (CoC) using Realy’s Chrome extension, sorted by highest CoC first.
All ten listings show positive CoC under lean assumptions, with thinner margins than Midwest value markets. Townhomes lead. HOA fees (modeled at $0) will reshape this ranking once you add real quotes.
This is a screening list, not a buy list.
Calculation Assumptions Used
| Input | Setting |
|---|---|
| Down payment | 20% · Closing 1% · Rate 6.5% · 30Y fixed |
| Property taxes | 2% of sale value |
| Insurance, vacancy, maintenance, HOA | $0 (add your quotes) |
| Rent | Zillow Rent Zestimate |
See cash-on-cash formula and NOI guide.
At-a-Glance Ranking
| # | Address | Price | Beds/Baths | CoC | Cap Rate | Mo. CF | Rent/mo |
|---|---|---|---|---|---|---|---|
| 1 | 9416 Lexington Cir | $247,900 | 4 / 5 | 23.5% | 11.0% | $1,019 | $2,686 |
| 2 | 7004 Delisa Dr | $275,000 | 3 / 3 | 19.6% | 10.2% | $943 | $2,792 |
| 3 | 6134 Bent Tree Ct | $159,900 | 3 / 2 | 16.9% | 9.6% | $472 | $1,547 |
| 4 | 1612 Sharon Rd W APT 66 | $167,000 | 2 / 2 | 13.9% | 9.0% | $406 | $1,529 |
| 5 | 3101 Ridge Ave | $150,000 | 2 / 1 | 10.7% | 8.3% | $282 | $1,290 |
| 6 | 2517 Plum St | $265,000 | 3 / 2 | 10.2% | 8.2% | $474 | $2,256 |
| 7 | 9408 Spruce Pine Pl | $250,000 | 3 / 2 | 10.0% | 8.2% | $436 | $2,117 |
| 8 | 817 Wainwright Ave | $285,900 | 5 / 2 | 8.1% | 7.8% | $407 | $2,329 |
| 9 | 525 E 6th St Unit 407 | $195,000 | 1 / 1 | 7.4% | 7.6% | $251 | $1,562 |
| 10 | 1821 Swan Dr | $329,000 | 4 / 3 | 6.3% | 7.4% | $365 | $2,577 |
#1: 9416 Lexington Cir, Charlotte NC 28213
Townhouse · 4 bed / 5 bath · 1,725 sqft · $247,900
| Metric | Value |
|---|---|
| Cash-on-cash | 23.5% |
| Cap rate | 11.0% |
| Monthly cash flow | $1,019 |
| Total cash down | $52,059 |
Why it ranks #1: Northeast Charlotte townhome with $2,686/mo rent and a four-bed / five-bath layout.
Investor notes: $2,000 price cut (Jul 4). 63 days on market. Confirm HOA and why bath count is high relative to sqft.
#2: 7004 Delisa Dr, Charlotte NC 28214
Single family · 3 bed / 3 bath · 3,158 sqft · $275,000
| Metric | Value |
|---|---|
| Cash-on-cash | 19.6% |
| Cap rate | 10.2% |
| Monthly cash flow | $943 |
Investor notes: $10,000 price cut (Jun 16). West Charlotte. 0.83-acre lot. Large footprint for the ask. 83 days on market.
#3: 6134 Bent Tree Ct, Charlotte NC 28212
Townhouse · 3 bed / 2 bath · 1,209 sqft · $159,900
| Metric | Value |
|---|---|
| Cash-on-cash | 16.9% |
| Cap rate | 9.6% |
| Monthly cash flow | $472 |
Investor notes: $10,100 price cut (Jul 9). East Charlotte. Lowest ask among townhomes on this screen. 169 days on market. HOA required.
#4: 1612 Sharon Rd W APT 66, Charlotte NC 28210
Condo · 2 bed / 2 bath · 964 sqft · $167,000
| Metric | Value |
|---|---|
| Cash-on-cash | 13.9% |
| Cap rate | 9.0% |
| Monthly cash flow | $406 |
Investor notes: $2,999 price cut (Jul 19). South Charlotte / 28210. 137 days on market. Confirm HOA and rental rules.
#5: 3101 Ridge Ave, Charlotte NC 28208
Single family · 2 bed / 1 bath · 827 sqft · $150,000
| Metric | Value |
|---|---|
| Cash-on-cash | 10.7% |
| Cap rate | 8.3% |
| Monthly cash flow | $282 |
Investor notes: $5,000 price cut (Jul 14). Westside / 28208. Lowest ask on screen. Compact two-bed. Confirm condition and comps.
#6: 2517 Plum St, Charlotte NC 28269
Single family · 3 bed / 2 bath · 1,479 sqft · $265,000
| Metric | Value |
|---|---|
| Cash-on-cash | 10.2% |
| Cap rate | 8.2% |
| Monthly cash flow | $474 |
Investor notes: $10,000 price cut (Jul 21). University / 28269. 0.53-acre lot. 21 days on market.
#7: 9408 Spruce Pine Pl, Charlotte NC 28210
Single family · 3 bed / 2 bath · 998 sqft · $250,000
| Metric | Value |
|---|---|
| Cash-on-cash | 10.0% |
| Cap rate | 8.2% |
| Monthly cash flow | $436 |
Investor notes: South Charlotte. Brand-new listing (8 days). Compact SFR. Mid-pack yield.
#8: 817 Wainwright Ave, Charlotte NC 28206
Single family · 5 bed / 2 bath · 1,512 sqft · $285,900
| Metric | Value |
|---|---|
| Cash-on-cash | 8.1% |
| Cap rate | 7.8% |
| Monthly cash flow | $407 |
Investor notes: North End / 28206. 16 days on market. Five beds in 1,512 sqft. Verify room count and rental demand.
#9: 525 E 6th St Unit 407, Charlotte NC 28202
Condo · 1 bed / 1 bath · 559 sqft · $195,000
| Metric | Value |
|---|---|
| Cash-on-cash | 7.4% |
| Cap rate | 7.6% |
| Monthly cash flow | $251 |
Investor notes: $10,000 price cut (Jul 15). Uptown. 313 days on Zillow. Long DOM. HOA will likely erase most of this CoC.
#10: 1821 Swan Dr, Charlotte NC 28216
Single family · 4 bed / 3 bath · 3,023 sqft · $329,000
| Metric | Value |
|---|---|
| Cash-on-cash | 6.3% |
| Cap rate | 7.4% |
| Monthly cash flow | $365 |
Investor notes: $6,000 price cut (Jul 21). Northwest Charlotte. Highest ask on screen. Tax assessed $425,800. Thinnest CoC once insurance is added.
Charlotte Patterns
| Pattern | Takeaway |
|---|---|
| Townhomes lead | #1 and #3 are THs. HOA is the swing expense |
| Price cuts everywhere | Most listings show recent reductions |
| Thinner margins | CoC clusters in the high single digits to low 20s |
| vs. Raleigh / NC | Compare Raleigh top 10 and North Carolina top 10 |
Screen Charlotte in Realy
- Install Realy
- Search Charlotte, NC
- Sort by cash-on-cash in the analyzer
Related: First rental checklist · Raleigh top 10
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