1 Lakehill DrDurhamNC27713
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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 Durham at 1 Lakehill Dr, Durham, NC, 27713 priced at $360,000 pairs $2,042/mo rent with after a $1,762/mo payment. Total monthly income equals $2,042/mo. Return on cash invested is 18.38% in year one, and rental yield stands at 6.81% on a $360,000 basis. Equity gained on principal adds $2,323/yr, and 5% annual appreciation accumulates to $99,461 by year five. Five-year ROI measures 94.5% and total cumulative return in cash reaches $112,773. For financing, Ziffy Mortgage’s DSCR program evaluates $2,042/mo property income against a $1,762/mo payment instead of your W2s, 1099s, or Tax returns.
Townhouse
Built in 1996
2,613 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27713, Durham, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 27,653 (100%) |
| Owner Occupied HU | 15,563 (56.3%) |
| Renter Occupied HU | 10,994 (39.8%) |
| Vacant Housing Units | 1,096 ( 4.0%) |
| Median Home Value | $424,275 |
| Average Home Value | $474,898 |
Housing Distribution
Address Breakdown
Residential
26,168
Single Family
18,385
Multi-Family
7,783
Businesses
1,493
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Listed by: Isabelle Apel • Compass -- Chapel Hill - Durham
Mls Name: Doorify MLS
Mls ID: #10130826