110 Ruth StCarrboroNC27510
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
Rental property for sale in Carrboro at 110 Ruth St, Carrboro, NC, 27510 offers $3,626/mo rent that, after a $3,353/mo payment. Total monthly income is $3,626/mo. Return on cash invested measures 17.14% in year one, and rental yield stands at 6.35% at a $685,000 entry. Equity gained on principal adds $4,420/yr while 5% annual appreciation compounds into $189,253 by year five. Five-year ROI records 87.81% and total cumulative return in cash reaches $197,890. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,626/mo property income versus a $3,353/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2006
0.42 Acres lot
$N/A/sqft
No 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Kevin Cohan • Franklin Street Realty
Mls Name: Doorify MLS
Mls ID: #10097069