2277 Cherry Creek RdHaw RiverNC27258
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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 Haw River at 2277 Cherry Creek Rd, Haw River, NC, 27258 uses $135,252 cash to close to unlock $473/yr annual cash flow and $39/mo monthly cash flow. Total monthly income runs $2,526/mo, and a $1,997/mo payment keeps the spread at $39/mo. Purchase price stands at $408,000, and rental yield measures 7.43% with $2,526/mo rent. Return on cash invested shows 20.26% in year one, and 5% annual appreciation builds toward $112,723 over five years. Five-year ROI reaches 104.61% and total cumulative return in cash records $141,487. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,526/mo property income covering a $1,997/mo payment rather than investor’s personal income.
Single Family
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27258, Haw River, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,392 (100%) |
| Owner Occupied HU | 2,517 (74.2%) |
| Renter Occupied HU | 647 (19.1%) |
| Vacant Housing Units | 228 ( 6.7%) |
| Median Home Value | $308,799 |
| Average Home Value | $311,872 |
Housing Distribution
Address Breakdown
Residential
3,258
Single Family
3,258
Multi-Family
0
Businesses
149
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Listed by: Trina Lennox • Meritage Homes
Mls Name: Meritage Homes
Mls Provider:
Mls ID: #N/A