1402 Cherry LnGrahamNC27253
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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
Investment Highlights
Investment property for sale in Graham at 1402 Cherry Ln, Graham, NC, 27253 listed at $425,000 pairs $2,220/mo rent with a $2,080/mo payment. Total monthly income runs $2,220/mo. Return on cash invested measures 16.76% in year one, and rental yield registers 6.27% at a $425,000 basis. Equity gained on principal adds $2,742/yr, and annual property appreciation at 5% supports $117,420 by year five. Five-year ROI tracks 85.81% and total cumulative return in cash totals $120,893. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,220/mo property income relative to a $2,080/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1954
1.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27253, Graham, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,245 (100%) |
| Owner Occupied HU | 9,997 (61.5%) |
| Renter Occupied HU | 4,920 (30.3%) |
| Vacant Housing Units | 1,328 ( 8.2%) |
| Median Home Value | $296,247 |
| Average Home Value | $314,175 |
Housing Distribution
Address Breakdown
Residential
14,640
Single Family
14,223
Multi-Family
417
Businesses
894
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Listed by: Kyla Helsley • NorthGroup Real Estate
Mls Name: Triad MLS
Mls ID: #1202726