102 Primrose LnCarrboroNC27510
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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
Rental property for sale in Carrboro at 102 Primrose Ln, Carrboro, NC, 27510 priced at $450,000 pairs $2,586/mo rent with after a $2,203/mo payment. Total monthly income equals $2,586/mo. Return on cash invested is 18.65% in year one, and rental yield stands at 6.9% on a $450,000 basis. Equity gained on principal adds $2,904/yr, and 5% annual appreciation accumulates to $124,327 by year five. Five-year ROI measures 95.93% and total cumulative return in cash reaches $143,106. For financing, Ziffy Mortgage’s DSCR program evaluates $2,586/mo property income against a $2,203/mo payment instead of your W2s, 1099s, or Tax returns.
Townhouse
Built in 2006
1,742 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27510, Carrboro, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,562 (100%) |
| Owner Occupied HU | 1,960 (25.9%) |
| Renter Occupied HU | 5,229 (69.1%) |
| Vacant Housing Units | 373 ( 4.9%) |
| Median Home Value | $472,323 |
| Average Home Value | $507,006 |
Housing Distribution
Address Breakdown
Residential
7,542
Single Family
4,726
Multi-Family
2,816
Businesses
753
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Listed by: Erica Jevons Sizemore • Keller Williams Realty
Mls Name: Doorify MLS
Mls ID: #10128157