316 Cheeks 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
Rental property for sale in Graham at 316 Cheeks Ln, Graham, NC, 27253 priced at $330,000 converts $2,495/mo rent into $484/mo cash flow after a $1,615/mo obligation. Total monthly income equals $2,495/mo, and annual cash flow totals $5,808/yr on $109,395 invested. Return on cash invested prints 25.22% in year one, and rental yield reads 9.07% against a $330,000 entry. Equity gained on principal adds $2,129/yr, while 5% annual appreciation compiles into $91,173 by year five. Five-year ROI reaches 131.17% and total cumulative return in cash sums $143,495. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,495/mo property income covering a $1,615/mo payment, not borrower’s personal income.
Single Family
Built in 1976
2.07 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: Ryan Woods • Real Broker, LLC
Mls Name: Doorify MLS
Mls ID: #10113617