105 Otter DrCaryNC27513
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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 Cary at 105 Otter Dr, Cary, NC, 27513 uses $172,725 cash to close to unlock $396/yr annual cash flow and $33/mo monthly cash flow. Total monthly income runs $3,233/mo, and a $2,570/mo payment keeps the spread at $33/mo. Purchase price stands at $525,000, and rental yield measures 7.39% with $3,233/mo rent. Return on cash invested shows 20.29% in year one, and 5% annual appreciation builds toward $145,048 over five years. Five-year ROI reaches 104.71% and total cumulative return in cash records $180,861. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,233/mo property income covering a $2,570/mo payment rather than investor’s personal income.
Single Family
Built in 1981
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27513, Cary, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,955 (100%) |
| Owner Occupied HU | 11,452 (54.7%) |
| Renter Occupied HU | 8,444 (40.3%) |
| Vacant Housing Units | 1,059 ( 5.1%) |
| Median Home Value | $554,009 |
| Average Home Value | $605,738 |
Housing Distribution
Address Breakdown
Residential
19,962
Single Family
14,827
Multi-Family
5,135
Businesses
1,343
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Listed by: Debby Smith • Coldwell Banker Advantage
Mls Name: Doorify MLS
Mls Provider:
Mls ID: #10112480
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.