11 Stone Village CtDurhamNC27704
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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
Rental property for sale in Durham at 11 Stone Village Ct, Durham, NC, 27704 priced at $239,000 converts $1,777/mo rent into $126/mo cash flow after a $1,170/mo obligation. Total monthly income equals $1,777/mo, and annual cash flow totals $1,514/yr on $79,229 invested. Return on cash invested prints 21.82% in year one, and rental yield reads 8.92% against a $239,000 entry. Equity gained on principal adds $1,542/yr, while 5% annual appreciation compiles into $66,031 by year five. Five-year ROI reaches 114.08% and total cumulative return in cash sums $90,384. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,777/mo property income covering a $1,170/mo payment, not borrower’s personal income.
Townhouse
Built in 1984
1,306 sqft lot
$N/A/sqft
$194 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27704, Durham, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,576 (100%) |
| Owner Occupied HU | 9,231 (55.7%) |
| Renter Occupied HU | 6,559 (39.6%) |
| Vacant Housing Units | 786 ( 4.7%) |
| Median Home Value | $325,650 |
| Average Home Value | $349,237 |
Housing Distribution
Address Breakdown
Residential
15,928
Single Family
13,290
Multi-Family
2,638
Businesses
1,001
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Listed by: Johnny May • Nest Realty of the Triangle
Mls Name: Doorify MLS
Mls Provider:
Mls ID: #10102948
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.