1009 Iredell St APT D, Durham, NC, 27705 | 4.73% 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 Durham at 1009 Iredell St APT D, Durham, NC, 27705 listed at $420,000 pairs $1,654/mo rent with a $2,056/mo payment. Total monthly income runs $1,654/mo. Return on cash invested measures 11.67% in year one, and rental yield registers 4.73% at a $420,000 basis. Equity gained on principal adds $2,710/yr, and annual property appreciation at 5% supports $116,038 by year five. Five-year ROI tracks 58.68% and total cumulative return in cash totals $81,703. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,654/mo property income relative to a $2,056/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Condo

Built in 1989

N/A lot

$N/A/sqft

$600 annually HOA