1005 W Main StCarrboroNC27510
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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 Carrboro at 1005 W Main St, Carrboro, NC, 27510 offers a 5.93% rental yield on a $500,000 purchase with $2,472/mo rent. 75% in year one. Equity gained on principal adds $3,226/yr while 5% annual appreciation supports $138,141 over five years. Portfolio math shows five-year ROI at 80.39% and total cumulative return in cash at $133,244. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,472/mo property income against a $2,447/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1952
0.36 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27510, Carrboro, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,562 (100%) |
| Owner Occupied HU | 1,960 (25.9%) |
| Renter Occupied HU | 5,229 (69.1%) |
| Vacant Housing Units | 373 ( 4.9%) |
| Median Home Value | $472,323 |
| Average Home Value | $507,006 |
Housing Distribution
Address Breakdown
Residential
7,542
Single Family
4,726
Multi-Family
2,816
Businesses
753
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Listed by: Andrew Bennett • Louise Beck Properties, Inc
Mls Name: Doorify MLS
Mls ID: #10136096