Charlotte · Charlotte, NC
5229 Tarrywood Lane
Charlotte, NC · 1,970 sqft
$519,000
- 5Beds
- 3Baths
- 1,970SqFt
- 2006Year
About this home
Beautifully appointed 5-bedroom, 3-bathroom residence featuring a highly desirable primary suite on the main level and an open-concept layout with high-end finishes throughout.
Upstairs offers four spacious bedrooms and two full bathrooms, providing plenty of room for family and guests. Enjoy outdoor living in the fully fenced backyard, complete with a fire pit—perfect for relaxing or entertaining.
Conveniently located just minutes from Plaza Midwood, NoDa, South End, and Uptown Charlotte, you’ll enjoy easy access to some of the city’s best dining, shopping, entertainment, and nightlife.
Turnkey 5BR/3BA Investment Gem in Windsor Park
Rare find in one of Charlotte’s hottest zip codes — a fully renovated, income-producing home with a proven short and mid-term rental track record and $60K projected annual gross revenue.
The layout is a true differentiator: main-floor bedroom and full bath for guests or multigenerational living, primary suite with ensuite upstairs, plus three additional bedrooms and a third full bath. At 1,970 sq ft, it lives large.
Fresh updates throughout — new LVP flooring, new paint, new dishwasher — plus a fully fenced backyard that guests love. At $515,000, the investor math works: ~7% cap rate, 11.6% gross yield, 8.6x GRM based on $60K gross revenue projection.
Optional: $20k+ in designer furnishings (all under one year old) available for purchase — making this a true plug-and-play acquisition.
Property details
- Beds
- 5
- Baths
- 3
- SqFt
- 1,970
- Lot
- —
- Year built
- 2006
- Type
- Single Family
- Heating
- Central
- Cooling
- Ceiling Fan(s), Central Air
- Foundation
- Slab
Payment estimate
Estimated monthly payment
Includes P&I, tax, insurance
$3,819/ month
- Principal & interest
- $3,214
- Property tax (~1.05%)
- $454
- Homeowners insurance
- $151
- HOA dues
- —
Down payment
$25,950 down · $493,050 financed
Income to qualify (28% rule)
~$163,707 / year household
A rough rule — actual qualification depends on your full debt picture, credit, and the lender. John can introduce you to lenders he trusts.
Numbers are a directional estimate. Actual monthly cost varies by lender, credit, taxes assessed at closing, and insurance carrier. This is not a loan offer or pre-approval.


