107 Ethans Glen CtCaryNC27513
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
Total monthly income runs $2,875/mo, and a $2,863/mo payment. Purchase price stands at $585,000, and rental yield measures 5.9% with $2,875/mo rent. Return on cash invested shows 15.76% in year one, and 5% annual appreciation builds toward $161,625 over five years. Five-year ROI reaches 80.42% and total cumulative return in cash records $154,782. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,875/mo property income covering a $2,863/mo payment rather than investor’s personal income.
Single Family
Built in 1989
5,227 sqft 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Chris Morton • Morton Bradbury Real Estate Group
Mls Name: Doorify MLS
Mls ID: #10139627