2023 Cedar Falls DrWaxhawNC28173
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
Investment Highlights
Investment property for sale in Waxhaw at 2023 Cedar Falls Dr, Waxhaw, NC, 28173 listed at $844,000 pairs $2,578/mo rent with a $4,131/mo payment. Total monthly income runs $2,578/mo. Return on cash invested measures 8.76% in year one, and rental yield registers 3.67% at a $844,000 basis. Equity gained on principal adds $5,446/yr, and annual property appreciation at 5% supports $233,182 by year five. Five-year ROI tracks 42.96% and total cumulative return in cash totals $119,290. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,578/mo property income relative to a $4,131/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2024
N/A lot
$N/A/sqft
$50 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28173, Waxhaw, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,726 (100%) |
| Owner Occupied HU | 19,959 (87.8%) |
| Renter Occupied HU | 2,103 ( 9.3%) |
| Vacant Housing Units | 664 ( 2.9%) |
| Median Home Value | $607,943 |
| Average Home Value | $684,101 |
Housing Distribution
Address Breakdown
Residential
22,303
Single Family
22,303
Multi-Family
0
Businesses
821
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Kristina, Kyle, Amanda, Tara, Caity, and Leslie Ch • Eastwood Homes
Mls Name: Eastwood Homes
Mls Provider:
Mls ID: #N/A