1009 Longitude DrDurhamNC27713
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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 Durham at 1009 Longitude Dr, Durham, NC, 27713 listed at $365,900 pairs $2,413/mo rent with a $1,791/mo payment to leave $183/mo cash flow. Total monthly income runs $2,413/mo, and annual cash flow reaches $2,195/yr on $121,296 cash to close. Return on cash invested measures 21.72% in year one, and rental yield registers 7.91% at a $365,900 basis. Equity gained on principal adds $2,361/yr, and annual property appreciation at 5% supports $101,091 by year five. Five-year ROI tracks 112.41% and total cumulative return in cash totals $136,346. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,413/mo property income relative to a $1,791/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Townhouse
Built in 2019
3,920 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27713, Durham, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 27,653 (100%) |
| Owner Occupied HU | 15,563 (56.3%) |
| Renter Occupied HU | 10,994 (39.8%) |
| Vacant Housing Units | 1,096 ( 4.0%) |
| Median Home Value | $424,275 |
| Average Home Value | $474,898 |
Housing Distribution
Address Breakdown
Residential
26,168
Single Family
18,385
Multi-Family
7,783
Businesses
1,493
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Listed by: Patricia Gillespie Hampton • Hampton & Company Real Estate
Mls Name: Doorify MLS
Mls ID: #10121744