11 Sweetbay CtDurhamNC27704
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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 Durham at 11 Sweetbay Ct, Durham, NC, 27704 at $375,000 posts ROI 17.05% with from $1,989/mo rent. Total monthly income equals $1,989/mo. Return on cash invested measures 17.05% and rental yield reads 6.36% at the current $375,000. Equity gained on principal adds $2,420/yr, and 5% annual appreciation supports $103,606 by year five. Five-year ROI prints 87.38% and total cumulative return in cash totals $108,627. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,989/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1985
8,712 sqft lot
$N/A/sqft
No 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: Thomas Ladane Shoupe • Opendoor Brokerage LLC
Mls Name: Doorify MLS
Mls ID: #10107727