1153 Russet Ln, Apex, NC, 27523 | 6.28% Rental Yield

For Sale

Listed for sale 3 days ago

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

Investment property for sale in Apex at 1153 Russet Ln, Apex, NC, 27523 listed at $615,000 pairs $3,216/mo rent with a $3,010/mo payment. Total monthly income runs $3,216/mo. Return on cash invested measures 16.91% in year one, and rental yield registers 6.28% at a $615,000 basis. Equity gained on principal adds $3,969/yr, and annual property appreciation at 5% supports $169,913 by year five. Five-year ROI tracks 86.57% and total cumulative return in cash totals $175,157. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,216/mo property income relative to a $3,010/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Single Family

Built in 2020

4,356 sqft lot

$N/A/sqft

No HOA