1002 Red Roses AveDurhamNC27703
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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 Durham at 1002 Red Roses Ave, Durham, NC, 27703 at $487,990 posts ROI 18.61% with from $2,908/mo rent. Total monthly income equals $2,908/mo. Return on cash invested measures 18.61% and rental yield reads 7.15% at the current $487,990. Equity gained on principal adds $3,149/yr, and 5% annual appreciation supports $134,823 by year five. Five-year ROI prints 96.04% and total cumulative return in cash totals $155,357. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,908/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2025
6,534 sqft lot
$N/A/sqft
$110 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27703, Durham, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 32,213 (100%) |
| Owner Occupied HU | 18,977 (58.9%) |
| Renter Occupied HU | 10,683 (33.2%) |
| Vacant Housing Units | 2,553 ( 7.9%) |
| Median Home Value | $393,167 |
| Average Home Value | $416,186 |
Housing Distribution
Address Breakdown
Residential
29,548
Single Family
23,958
Multi-Family
5,590
Businesses
1,525
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Listed by: John Christy • Lennar Carolinas LLC
Mls Name: Doorify MLS
Mls Provider:
Mls ID: #10116233
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.