322 E Cama StCharlotteNC28217
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderInvestors who value predictability will appreciate 322 E Cama St, Charlotte, NC, 28217 in Charlotte. At $702,000 it earns $4,594/mo in rent and distributes $315/mo to the owner after the $3,157/mo payment, a consistent 7.85% yield. DSCR 1.46 clears Ziffy Mortgage's income-only underwriting standard. Over five years, 5% annual appreciation adds $193,950 in value; $6,465/yr in principal paydown compounds ownership stake. Total projected return: $286,198.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7.9% | 5.5% |
| Monthly Cash Flow | $315 | $420 |
City averages based on Charlotte market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $4,594 |
| Total Monthly Debt Service | $3,999 |
| DSCR Ratio | 1.15x |
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 2023
1,089 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28217, Charlotte, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,244 (100%) |
| Owner Occupied HU | 4,437 (25.7%) |
| Renter Occupied HU | 11,138 (64.6%) |
| Vacant Housing Units | 1,669 ( 9.7%) |
| Median Home Value | $314,783 |
| Average Home Value | $421,853 |
Housing Distribution
Address Breakdown
Residential
14,065
Single Family
8,360
Multi-Family
5,705
Businesses
2,119
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 2023
1,089 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28217, Charlotte, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,244 (100%) |
| Owner Occupied HU | 4,437 (25.7%) |
| Renter Occupied HU | 11,138 (64.6%) |
| Vacant Housing Units | 1,669 ( 9.7%) |
| Median Home Value | $314,783 |
| Average Home Value | $421,853 |
Housing Distribution
Address Breakdown
Residential
14,065
Single Family
8,360
Multi-Family
5,705
Businesses
2,119
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices