614 Olde Cotswold CtCharlotteNC28211
INVESTMENT ANALYSIS
Investment Verdict
Income-ProducingReliable and efficiently structured, 614 Olde Cotswold Ct, Charlotte, NC, 28211 in Charlotte is a conservative rental investment at $1,349,000. Rental yield 6.12%. A 1.13 coverage ratio meets Ziffy Mortgage's DSCR standard for foreign-national financing. Five-year equity: 5% appreciation adds $372,704; $12,424/yr in principal paydown supplements. Total projected return: $422,600.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 6.1% | 5.5% |
| Monthly Cash Flow | $(1,376) | $420 |
City averages based on Charlotte market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $6,875 |
| Total Monthly Debt Service | $7,714 |
| DSCR Ratio | 0.89x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, 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 1923
0.41 Acres lot
$N/A/sqft
$350 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28211, Charlotte, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,668 (100%) |
| Owner Occupied HU | 8,347 (53.3%) |
| Renter Occupied HU | 6,182 (39.5%) |
| Vacant Housing Units | 1,139 ( 7.3%) |
| Median Home Value | $764,751 |
| Average Home Value | $930,315 |
Housing Distribution
Address Breakdown
Residential
15,274
Single Family
10,625
Multi-Family
4,649
Businesses
981
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 1923
0.41 Acres lot
$N/A/sqft
$350 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28211, Charlotte, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,668 (100%) |
| Owner Occupied HU | 8,347 (53.3%) |
| Renter Occupied HU | 6,182 (39.5%) |
| Vacant Housing Units | 1,139 ( 7.3%) |
| Median Home Value | $764,751 |
| Average Home Value | $930,315 |
Housing Distribution
Address Breakdown
Residential
15,274
Single Family
10,625
Multi-Family
4,649
Businesses
981
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices