6004 Loy CtCharlotteNC28214
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeNot flashy, but dependably profitable, 6004 Loy Ct, Charlotte, NC, 28214 in Charlotte is listed at $324,000 and delivers $2,260/mo in rent and $254/mo in net monthly cash flow. The 8.37% yield and 1.55 DSCR provide the underwriting comfort Ziffy Mortgage needs to approve a DSCR loan without W-2 or tax-return documentation. Projected 5% annual appreciation adds $89,515 over five years, and $2,984/yr in principal reduction supplements cash return. Total projected cumulative return: $139,201.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.4% | 5.5% |
| Monthly Cash Flow | $254 | $420 |
City averages based on Charlotte market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,260 |
| Total Monthly Debt Service | $1,877 |
| DSCR Ratio | 1.20x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2017
0.16 Acres lot
$N/A/sqft
$375 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28214, Charlotte, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,511 (100%) |
| Owner Occupied HU | 13,022 (70.3%) |
| Renter Occupied HU | 4,758 (25.7%) |
| Vacant Housing Units | 731 ( 3.9%) |
| Median Home Value | $356,899 |
| Average Home Value | $437,062 |
Housing Distribution
Address Breakdown
Residential
17,394
Single Family
17,156
Multi-Family
238
Businesses
454
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Single Family
Built in 2017
0.16 Acres lot
$N/A/sqft
$375 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28214, Charlotte, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,511 (100%) |
| Owner Occupied HU | 13,022 (70.3%) |
| Renter Occupied HU | 4,758 (25.7%) |
| Vacant Housing Units | 731 ( 3.9%) |
| Median Home Value | $356,899 |
| Average Home Value | $437,062 |
Housing Distribution
Address Breakdown
Residential
17,394
Single Family
17,156
Multi-Family
238
Businesses
454
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Tony Karak • Better Homes and Garden Real Estate Paracle
Mls Name: Canopy MLS as distributed by MLS GRID
Mls Provider:
Mls ID: #4346048
Disclaimer: Based on information submitted to the MLS GRID as of 2026-02-27 02:42:53 PST. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. [Click here for more information](/mls-disclaimers/#87)