110 Benedum PlCaryNC27511
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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
Rental property for sale in Cary at 110 Benedum Pl, Cary, NC, 27511 priced at $500,000 converts $2,645/mo rent into after a $2,447/mo obligation. Total monthly income equals $2,645/mo. Return on cash invested prints 16.53% in year one, and rental yield reads 6.35% against a $500,000 entry. Equity gained on principal adds $3,226/yr, while 5% annual appreciation compiles into $138,141 by year five. Five-year ROI reaches 84.75% and total cumulative return in cash sums $140,468. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,645/mo property income covering a $2,447/mo payment, not borrower’s personal income.
Single Family
Built in 1998
0.27 Acres lot
$N/A/sqft
$391 semi-annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27511, Cary, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,057 (100%) |
| Owner Occupied HU | 9,053 (60.1%) |
| Renter Occupied HU | 5,179 (34.4%) |
| Vacant Housing Units | 825 ( 5.5%) |
| Median Home Value | $492,256 |
| Average Home Value | $560,203 |
Housing Distribution
Address Breakdown
Residential
14,555
Single Family
11,761
Multi-Family
2,794
Businesses
1,378
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Listed by: Kathleen Carlton • Keller Williams Legacy
Mls Name: Doorify MLS
Mls Provider:
Mls ID: #10100619
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.