106 Lattimore LnDurhamNC27713
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Durham at 106 Lattimore Ln, Durham, NC, 27713 listed at $368,500 pairs $2,438/mo rent with a $1,804/mo payment to leave $142/mo cash flow. Total monthly income runs $2,438/mo, and annual cash flow reaches $1,708/yr on $122,158 cash to close. Return on cash invested measures 21.31% in year one, and rental yield registers 7.94% at a $368,500 basis. Equity gained on principal adds $2,378/yr, and annual property appreciation at 5% supports $101,810 by year five. Five-year ROI tracks 110.42% and total cumulative return in cash totals $134,882. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,438/mo property income relative to a $1,804/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1961
0.27 Acres lot
$N/A/sqft
$20 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27713, Durham, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 27,653 (100%) |
| Owner Occupied HU | 15,563 (56.3%) |
| Renter Occupied HU | 10,994 (39.8%) |
| Vacant Housing Units | 1,096 ( 4.0%) |
| Median Home Value | $424,275 |
| Average Home Value | $474,898 |
Housing Distribution
Address Breakdown
Residential
26,168
Single Family
18,385
Multi-Family
7,783
Businesses
1,493
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A