Thoughts on: Matthews, Indian Trials, Stallings and Monroe NC
Hello BP
I'm an out of state investor and I'd like to ask your opinion on a few areas in the Charlotte NC metro. I've been eyeing the following areas Matthews, Indian Trials, Stallings and Monroe for a few weeks now. These areas seems to have higher rated schools and less crime than other areas of Charlotte proper. The rents for SFH's (3/2 or 4/2) range from $1500 - $1700. The square-footage of my ideal home with be 1500 sqft plus or minus 250. The average commute time for people living in these areas range from 25 minutes up 35 minutes. I've been told properties in these areas should rent with no problem in the price range I've stated above assuming the homes are newer or have been updated.
Are these statement sound about right?
Thanks in advance for the feedback!
Bryen