Charlotte 28205

High-demand infill pocket with enough spread to justify both stabilized LTR underwriting and a tighter STR second look.

Cap rate

7.2%

Cash-on-cash

13.8%

Demand score

84/100

Strategy fit

Hybrid play

Execution note

Treat this as a hybrid market: underwrite it like an LTR first, then layer on STR upside only if permits and insurance still clear.

Rent band

$2,040 - $2,320

Sale band

$287k - $319k

Score

A

Primary risk

Acquisition pricing can move fast here, so the spread disappears if you overpay by even one aggressive comp step.

Underwrite this marketShare this market brief