4584 Cherokee DrMaidenNC28650
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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 Maiden at 4584 Cherokee Dr, Maiden, NC, 28650 offers a 7.7% rental yield on a $345,000 purchase with $2,215/mo rent. Total monthly income registers $2,215/mo, and a $1,689/mo payment leaves $112/mo available for distribution. Annual cash flow reaches $1,344/yr on $114,368 to close, and return on cash invested stands at 21.08% in year one. Equity gained on principal adds $2,226/yr while 5% annual appreciation supports $95,317 over five years. Portfolio math shows five-year ROI at 109.02% and total cumulative return in cash at $124,684. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,215/mo property income against a $1,689/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2001
0.46 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28650, Maiden, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,033 (100%) |
| Owner Occupied HU | 4,331 (71.8%) |
| Renter Occupied HU | 1,158 (19.2%) |
| Vacant Housing Units | 544 ( 9.0%) |
| Median Home Value | $285,884 |
| Average Home Value | $312,459 |
Housing Distribution
Address Breakdown
Residential
5,592
Single Family
5,572
Multi-Family
20
Businesses
267
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Listed by: Andrea Ochoa • Collective Realty LLC
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4286904