1106 Nova StDurhamNC27713
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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 1106 Nova St, Durham, NC, 27713 at $422,000 posts ROI 17.24% with from $2,420/mo rent. Total monthly income equals $2,420/mo. Return on cash invested measures 17.24% and rental yield reads 6.88% at the current $422,000. Equity gained on principal adds $2,723/yr, and 5% annual appreciation supports $116,591 by year five. Five-year ROI prints 88.89% and total cumulative return in cash totals $124,355. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,420/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Townhouse
Built in 2022
2,178 sqft lot
$N/A/sqft
$94 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27713, Durham, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 27,653 (100%) |
| Owner Occupied HU | 15,563 (56.3%) |
| Renter Occupied HU | 10,994 (39.8%) |
| Vacant Housing Units | 1,096 ( 4.0%) |
| Median Home Value | $424,275 |
| Average Home Value | $474,898 |
Housing Distribution
Address Breakdown
Residential
26,168
Single Family
18,385
Multi-Family
7,783
Businesses
1,493
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Listed by: Marti Hampton • EXP Realty LLC
Mls Name: Doorify MLS
Mls Provider:
Mls ID: #10132031
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.