1120 E Oak Dr, Durham, NC, 27712 | $219/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Durham at 1120 E Oak Dr, Durham, NC, 27712 generates $2,773/mo in rent and, after a $2,051/mo payment, leaves $219/mo in cash flow. Total monthly income is $2,773/mo, and annual cash flow is $2,630/yr on $138,899 invested. Return on cash invested sits at 21.8% in year one, and rental yield is 7.94% on a $419,000 entry. Equity gained on principal adds $2,704/yr, while 5% annual appreciation builds toward $115,762 over five years. Five-year ROI reaches 112.89% and total cumulative return in cash sums $156,809. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,773/mo property income rather than buyer’s personal income.

Single Family

Built in 1962

0.39 Acres lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 27712, Durham, NC area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	8,782 (100%)
Owner Occupied HU	7,894 (89.9%)
Renter Occupied HU	649 ( 7.4%)
Vacant Housing Units	239 ( 2.7%)
Median Home Value	$418,705
Average Home Value	$479,162