1019 Arbor Edge LnDurhamNC27703
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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 1019 Arbor Edge Ln, Durham, NC, 27703 earns $965/mo cash flow from $3,286/mo rent with a $1,752/mo payment. Total monthly income totals $3,286/mo, and annual cash flow totals $11,585/yr on $118,677 capital. ROI tracks 29.67% on current figures, and rental yield reads 11.01% at a $358,000 purchase. Equity gained on principal adds $2,310/yr, and 5% annual appreciation supports $98,909 over five years. Five-year ROI reaches 155.59% and total cumulative return in cash sums $184,650. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,286/mo property income instead of your personal income.
Townhouse
Built in 2020
1,742 sqft lot
$N/A/sqft
$139 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27703, Durham, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 32,213 (100%) |
| Owner Occupied HU | 18,977 (58.9%) |
| Renter Occupied HU | 10,683 (33.2%) |
| Vacant Housing Units | 2,553 ( 7.9%) |
| Median Home Value | $393,167 |
| Average Home Value | $416,186 |
Housing Distribution
Address Breakdown
Residential
29,548
Single Family
23,958
Multi-Family
5,590
Businesses
1,525
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Listed by: THERESA PETTIE • JASON MITCHELL GROUP
Mls Name: LPRMLS
Mls Provider:
Mls ID: #729056
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.