38 Longdale DrGrahamNC27253
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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 38 Longdale Dr, Graham, NC, 27253 offers $2,220/mo rent that, after a $1,761/mo payment. Total monthly income is $2,220/mo. Return on cash invested measures 19.28% in year one, and rental yield stands at 7.4% at a $359,777 entry. Equity gained on principal adds $2,322/yr while 5% annual appreciation compounds into $99,400 by year five. Five-year ROI records 99.69% and total cumulative return in cash reaches $118,895. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,220/mo property income versus a $1,761/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2024
0.27 Acres lot
$N/A/sqft
$270 quarterly 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: L. Calvin Ramsey • Ramsey Realtors Team Inc
Mls Name: Doorify MLS
Mls Provider:
Mls ID: #10042433
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.