1006 Proctor StDurhamNC27707
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 1006 Proctor St, Durham, NC, 27707 earns from $1,604/mo rent with a $1,346/mo payment. Total monthly income totals $1,604/mo. ROI tracks 18.98% on current figures, and rental yield reads 7% at a $274,900 purchase. Equity gained on principal adds $1,774/yr, and 5% annual appreciation supports $75,950 over five years. Five-year ROI reaches 97.75% and total cumulative return in cash sums $89,079. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,604/mo property income instead of your personal income.
Multi Family
Built in 1910
7,405 sqft lot
$N/A/sqft
No 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Gene Mack • New Village Real Estate
Mls Name: Doorify MLS
Mls ID: #10132436