106 Millrock 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 Millrock Ct, Carrboro, NC, 27510 offers a 4.13% rental yield on a $1,075,000 purchase with $3,702/mo rent. 49% in year one. Equity gained on principal adds $6,937/yr while 5% annual appreciation supports $297,003 over five years. Portfolio math shows five-year ROI at 52.15% and total cumulative return in cash at $181,650. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,702/mo property income against a $5,262/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1989
0.34 Acres lot
$N/A/sqft
$200 annually 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: Patricia Owen • Compass -- Chapel Hill - Durham
Mls Name: Doorify MLS
Mls Provider:
Mls ID: #10096841
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.