5906 Meadow Hill Dr

North Sharon Amity, Charlotte, NC · 7 days on market · View on Zillow

5906 Meadow Hill Dr

$350K somewhere else buys…

3 bedrooms · 2 baths · 1,417 sqft · 5,227 sqft lot

Built 1997 · Open Parking · $247/sqft (city median $230)

Welcome home to this charming 3-bedroom, 2-bathroom ranch tucked away at the end of a quiet cul-de-sac! Thoughtfully updated and move-in ready, this home offers comfortable one-level living with a great layout and plenty of space to enjoy both inside and out. The spacious living room flows seamlessly into the dining area and kitchen, creating an inviting main living space.

What this place offers

  • Heating: Natural Gas
  • Cooling: Ceiling Fan(s), Central Air, Electric
  • Open Parking
  • Top school rating 7/10 nearby
  • HOA $140 monthly

The numbers

$2K/yr

Property tax (actual rate)

$1K/yr

Insurance (quoted)

Price history

2022$1,650
2023$315,000
2024$315,500
2026 (asking)$350,000

Up 21112% since 2022

$350,000

Down payment20% · $70,000
%
Mortgage (principal + interest)$1,751
Property tax$198
Home insurance$105
HOA / maintenance$140
All-in monthly$2,195/mo

You'd need about $94,061/yr in household income (28% rule) plus $70,000 in cash.

Would rent for ~$1,904/mo · 6.5% gross yield

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