1005 Lathrop Ln, Apex, NC, 27523 | 5.6% 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 1005 Lathrop Ln, Apex, NC, 27523 listed at $535,000 pairs $2,496/mo rent with a $2,619/mo payment. Total monthly income runs $2,496/mo. Return on cash invested measures 13.92% in year one, and rental yield registers 5.6% at a $535,000 basis. Equity gained on principal adds $3,452/yr, and annual property appreciation at 5% supports $147,811 by year five. Five-year ROI tracks 70.88% and total cumulative return in cash totals $124,756. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,496/mo property income relative to a $2,619/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Single Family

Built in 2020

2,178 sqft lot

$N/A/sqft

$409 quarterly HOA