106 Barbee CtCarrboroNC27510
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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 Carrboro at 106 Barbee Ct, Carrboro, NC, 27510 uses $92,818 cash to close to unlock $3,288/yr annual cash flow and $274/mo monthly cash flow. Total monthly income runs $1,980/mo, and a $1,370/mo payment keeps the spread at $274/mo. Purchase price stands at $279,995, and rental yield measures 8.49% with $1,980/mo rent. Return on cash invested shows 23.45% in year one, and 5% annual appreciation builds toward $77,357 over five years. Five-year ROI reaches 121.69% and total cumulative return in cash records $112,951. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,980/mo property income covering a $1,370/mo payment rather than investor’s personal income.
Townhouse
Built in 1984
1,306 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: Carly Baker Chapman • Berkshire Hathaway HomeService
Mls Name: Doorify MLS
Mls ID: #10141613