1118 W Cornwallis RdDurhamNC27705
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
Investment property for sale in Durham at 1118 W Cornwallis Rd, Durham, NC, 27705 at $200,000 posts ROI 23.64% with $206/mo cash flow from $1,425/mo rent. Total monthly income equals $1,425/mo, and annual cash flow records $2,472/yr on $66,300 to close. Return on cash invested measures 23.64% and rental yield reads 8.55% at the current $200,000. Equity gained on principal adds $1,291/yr, and 5% annual appreciation supports $55,256 by year five. Five-year ROI prints 122.69% and total cumulative return in cash totals $81,344.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,425/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1964
0.25 Acres lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices
Listed by: Ryan Euliss • Allen Tate / Durham
Mls Name: Doorify MLS
Mls Provider:
Mls ID: #10081392
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