1109 Hemby Ridge LnMorrisvilleNC27560
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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 Morrisville at 1109 Hemby Ridge Ln, Morrisville, NC, 27560 at $625,000 posts ROI 12.11% with from $2,530/mo rent. Total monthly income equals $2,530/mo. Return on cash invested measures 12.11% and rental yield reads 4.86% at the current $625,000. Equity gained on principal adds $4,033/yr, and 5% annual appreciation supports $172,676 by year five. Five-year ROI prints 61.01% and total cumulative return in cash totals $125,449. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,530/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2015
6,534 sqft lot
$N/A/sqft
$81 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: Shirin Elsa George • Fathom Realty NC
Mls Name: Doorify MLS
Mls Provider:
Mls ID: #10104360
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.