103 Cimmaron CtCaryNC27511
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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 Cary at 103 Cimmaron Ct, Cary, NC, 27511 priced at $300,000 pairs $1,762/mo rent with after a $1,468/mo payment. Total monthly income equals $1,762/mo. Return on cash invested is 16.1% in year one, and rental yield stands at 7.05% on a $300,000 basis. Equity gained on principal adds $1,936/yr, and 5% annual appreciation accumulates to $82,884 by year five. Five-year ROI measures 83.35% and total cumulative return in cash reaches $82,896. For financing, Ziffy Mortgage’s DSCR program evaluates $1,762/mo property income against a $1,468/mo payment instead of your W2s, 1099s, or Tax returns.
Condo
Built in 1985
N/A lot
$N/A/sqft
$250 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27511, Cary, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,057 (100%) |
| Owner Occupied HU | 9,053 (60.1%) |
| Renter Occupied HU | 5,179 (34.4%) |
| Vacant Housing Units | 825 ( 5.5%) |
| Median Home Value | $492,256 |
| Average Home Value | $560,203 |
Housing Distribution
Address Breakdown
Residential
14,555
Single Family
11,761
Multi-Family
2,794
Businesses
1,378
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Listed by: Ines Grigore • Keller Williams Legacy
Mls Name: Doorify MLS
Mls Provider:
Mls ID: #10105937
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.