6501 Clavell Ln APT BCharlotteNC28210
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash Flow6501 Clavell Ln APT B, Charlotte, NC, 28210 in Charlotte is a solid income-producing rental, 10.2% gross yield, $1,657/mo rent, $469/mo net cash flow on a $195,000 buy. DSCR 1.89 qualifies the property for Ziffy Mortgage's financing without personal income documentation. Five-year appreciation of $53,875 and $1,796/yr in principal reduction project a total cumulative return of $103,993.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.2% | 5.5% |
| Monthly Cash Flow | $469 | $420 |
City averages based on Charlotte market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,657 |
| Total Monthly Debt Service | $1,111 |
| DSCR Ratio | 1.49x |
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.
Condo
Built in 1984
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28210, Charlotte, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,370 (100%) |
| Owner Occupied HU | 11,518 (51.5%) |
| Renter Occupied HU | 9,867 (44.1%) |
| Vacant Housing Units | 985 ( 4.4%) |
| Median Home Value | $546,589 |
| Average Home Value | $622,591 |
Housing Distribution
Address Breakdown
Residential
22,259
Single Family
12,348
Multi-Family
9,911
Businesses
860
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
Condo
Built in 1984
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28210, Charlotte, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,370 (100%) |
| Owner Occupied HU | 11,518 (51.5%) |
| Renter Occupied HU | 9,867 (44.1%) |
| Vacant Housing Units | 985 ( 4.4%) |
| Median Home Value | $546,589 |
| Average Home Value | $622,591 |
Housing Distribution
Address Breakdown
Residential
22,259
Single Family
12,348
Multi-Family
9,911
Businesses
860
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Van Deane • COMPASS
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4320627