1119 Platform DrApexNC27502
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 Apex at 1119 Platform Dr, Apex, NC, 27502 generates $2,929/mo in rent, after a $2,423/mo payment. Total monthly income is $2,929/mo. Return on cash invested sits at 17.31% in year one, and rental yield is 7.1% on a $495,000 entry. Equity gained on principal adds $3,194/yr, while 5% annual appreciation builds toward $136,759 over five years. Five-year ROI reaches 89.49% and total cumulative return in cash sums $146,854. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,929/mo property income rather than buyer’s personal income.
Townhouse
Built in 2020
1,742 sqft lot
$N/A/sqft
$267 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27502, Apex, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,077 (100%) |
| Owner Occupied HU | 14,333 (75.1%) |
| Renter Occupied HU | 3,940 (20.7%) |
| Vacant Housing Units | 804 ( 4.2%) |
| Median Home Value | $588,560 |
| Average Home Value | $614,278 |
Housing Distribution
Address Breakdown
Residential
18,556
Single Family
17,585
Multi-Family
971
Businesses
1,422
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Maya Codelli Ress • EXP Realty LLC
Mls Name: Doorify MLS
Mls Provider:
Mls ID: #10123347
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.