1 Plowlan CtDurhamNC27707
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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 Plowlan Ct, Durham, NC, 27707 generates $3,761/mo in rent, after a $3,549/mo payment. Total monthly income is $3,761/mo. Return on cash invested sits at 16.38% in year one, and rental yield is 6.23% on a $725,000 entry. Equity gained on principal adds $4,678/yr, while 5% annual appreciation builds toward $200,304 over five years. Five-year ROI reaches 83.9% and total cumulative return in cash sums $200,129. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,761/mo property income rather than buyer’s personal income.
Single Family
Built in 2006
0.51 Acres lot
$N/A/sqft
$440 semi-annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27707, Durham, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 23,539 (100%) |
| Owner Occupied HU | 9,060 (38.5%) |
| Renter Occupied HU | 12,484 (53.0%) |
| Vacant Housing Units | 1,995 ( 8.5%) |
| Median Home Value | $476,975 |
| Average Home Value | $520,735 |
Housing Distribution
Address Breakdown
Residential
22,469
Single Family
15,431
Multi-Family
7,038
Businesses
1,397
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Listed by: Will Goss • Invested Realty
Mls Name: Doorify MLS
Mls Provider:
Mls ID: #10093193
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.