1003 Lathrop Ln, Apex, NC, 27523 | 6.79% Rental Yield

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Apex at 1003 Lathrop Ln, Apex, NC, 27523 offers a 6.79% rental yield on a $526,900 purchase with $2,983/mo rent. 48% in year one. Equity gained on principal adds $3,400/yr while 5% annual appreciation supports $145,573 over five years. Portfolio math shows five-year ROI at 95.01% and total cumulative return in cash at $164,705. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,983/mo property income against a $2,579/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Townhouse

Built in 2020

2,178 sqft lot

$N/A/sqft

No HOA