1012 Virgie StDurhamNC27705
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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 1012 Virgie St, Durham, NC, 27705 offers a 7.46% rental yield on a $390,000 purchase with $2,425/mo rent. 83% in year one. Equity gained on principal adds $2,517/yr while 5% annual appreciation supports $107,750 over five years. Portfolio math shows five-year ROI at 102.51% and total cumulative return in cash at $132,524. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,425/mo property income against a $1,909/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Multi Family
Built in 1934
9,583 sqft lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices
Listed by: Adrian T Brown • Inhabit Real Estate
Mls Name: Doorify MLS
Mls Provider:
Mls ID: #10093992
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.