1039 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
Total monthly income runs $2,091/mo, and a $1,826/mo payment. Purchase price stands at $372,999, and rental yield measures 6.73% with $2,091/mo rent. Return on cash invested shows 18.14% in year one, and 5% annual appreciation builds toward $103,053 over five years. Five-year ROI reaches 93.22% and total cumulative return in cash records $115,271. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,091/mo property income covering a $1,826/mo payment rather than investor’s personal income.
Townhouse
Built in 2020
2,178 sqft lot
$N/A/sqft
No 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: Marcus Lane • GROSSMAN REAL ESTATE GROUP LLC
Mls Name: Doorify MLS
Mls ID: #10114817