1109 Checkerberry DrMorrisvilleNC27560
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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
Total monthly income runs $2,191/mo, and a $1,738/mo payment. Purchase price stands at $355,000, and rental yield measures 7.41% with $2,191/mo rent. Return on cash invested shows 17.79% in year one, and 5% annual appreciation builds toward $98,080 over five years. Five-year ROI reaches 92.25% and total cumulative return in cash records $108,564. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,191/mo property income covering a $1,738/mo payment rather than investor’s personal income.
Townhouse
Built in 2009
1,742 sqft lot
$N/A/sqft
$212 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27560, Morrisville, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,137 (100%) |
| Owner Occupied HU | 7,181 (37.5%) |
| Renter Occupied HU | 10,451 (54.6%) |
| Vacant Housing Units | 1,505 ( 7.9%) |
| Median Home Value | $545,572 |
| Average Home Value | $600,506 |
Housing Distribution
Address Breakdown
Residential
17,704
Single Family
9,094
Multi-Family
8,610
Businesses
1,917
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Listed by: Beatrice Dippy • Choice Residential Real Estate
Mls Name: Doorify MLS
Mls Provider:
Mls ID: #10114366
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.