1420 Cane Creek DrGarnerNC27529
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThe cash-flow margin at 1420 Cane Creek Dr, Garner, NC, 27529 in Garner is narrow, $171/mo net on $2,540/mo rent after the $1,709/mo debt service, but the property operates at break-even-plus, not a loss. At $380,000 with a 8.02% yield, the long-run equity case via 5% appreciation ($104,987 over five years) and $3,500/yr in principal paydown is where the returns accumulate. Ziffy Mortgage's 1.49 DSCR loan requires no W-2s or U.S. credit. Total projected cumulative return: $155,154.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 8% | 6.2% |
| Monthly Cash Flow | $171 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $2,540 |
| Total Monthly Debt Service | $2,218 |
| 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 1995
10,454 sqft lot
$N/A/sqft
$59 quarterly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27529, Garner, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 25,489 (100%) |
| Owner Occupied HU | 17,091 (67.1%) |
| Renter Occupied HU | 7,180 (28.2%) |
| Vacant Housing Units | 1,218 ( 4.8%) |
| Median Home Value | $398,878 |
| Average Home Value | $447,896 |
Housing Distribution
Address Breakdown
Residential
24,113
Single Family
21,389
Multi-Family
2,724
Businesses
2,205
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 1995
10,454 sqft lot
$N/A/sqft
$59 quarterly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27529, Garner, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 25,489 (100%) |
| Owner Occupied HU | 17,091 (67.1%) |
| Renter Occupied HU | 7,180 (28.2%) |
| Vacant Housing Units | 1,218 ( 4.8%) |
| Median Home Value | $398,878 |
| Average Home Value | $447,896 |
Housing Distribution
Address Breakdown
Residential
24,113
Single Family
21,389
Multi-Family
2,724
Businesses
2,205
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Stephen Hooper • Keller Williams Realty Cary
Mls Name: Doorify MLS
Mls Provider:
Mls ID: #10109027
Disclaimer: The MLS listing information displayed is deemed reliable, but is not guaranteed accurate by the MLS. Copyright 2025 Doorify MLS of North Carolina. All rights reserved.