101 Hamlet Park DrMorrisvilleNC27560
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
Rental property for sale in Morrisville at 101 Hamlet Park Dr, Morrisville, NC, 27560 generates $2,407/mo in rent and, after a $1,762/mo payment, leaves $34/mo in cash flow. Total monthly income is $2,407/mo, and annual cash flow is $413/yr on $119,307 invested. Return on cash invested sits at 20.26% in year one, and rental yield is 8.03% on a $359,900 entry. Equity gained on principal adds $2,322/yr, while 5% annual appreciation builds toward $99,434 over five years. Five-year ROI reaches 105.24% and total cumulative return in cash sums $125,558. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,407/mo property income rather than buyer’s personal income.
Townhouse
Built in 2003
2,178 sqft lot
$N/A/sqft
$176 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27560, Morrisville, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,137 (100%) |
| Owner Occupied HU | 7,181 (37.5%) |
| Renter Occupied HU | 10,451 (54.6%) |
| Vacant Housing Units | 1,505 ( 7.9%) |
| Median Home Value | $545,572 |
| Average Home Value | $600,506 |
Housing Distribution
Address Breakdown
Residential
17,704
Single Family
9,094
Multi-Family
8,610
Businesses
1,917
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: CJ Tabor • Hudson Residential Brokerage
Mls Name: Doorify MLS
Mls Provider:
Mls ID: #10113131
Disclaimer: The MLS listing information displayed is deemed reliable, but is not guaranteed accurate by the MLS. Copyright 2025 Doorify MLS of North Carolina. All rights reserved.