818 Houston CtHaw 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
Rental property for sale in Haw River at 818 Houston Ct, Haw River, NC, 27258 generates $2,096/mo in rent and, after a $1,370/mo payment, leaves $390/mo in cash flow. Total monthly income is $2,096/mo, and annual cash flow is $4,681/yr on $92,787 invested. Return on cash invested sits at 24.95% in year one, and rental yield is 8.99% on a $279,900 entry. Equity gained on principal adds $1,806/yr, while 5% annual appreciation builds toward $77,331 over five years. Five-year ROI reaches 129.81% and total cumulative return in cash sums $120,445. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,096/mo property income rather than buyer’s personal income.
Townhouse
Built in 2020
2,178 sqft 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: Robin Samuel Franc Hug • Mark Spain Real Estate
Mls Name: Doorify MLS
Mls ID: #10117094