117 Candace Pl, Cary, NC, 27513 | $16/mo Cash Flow

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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 Cary at 117 Candace Pl, Cary, NC, 27513 generates $1,912/mo in rent and, after a $1,395/mo payment, leaves $16/mo in cash flow. Total monthly income is $1,912/mo, and annual cash flow is $195/yr on $94,478 invested. Return on cash invested sits at 20.11% in year one, and rental yield is 8.05% on a $285,000 entry. Equity gained on principal adds $1,839/yr, while 5% annual appreciation builds toward $78,740 over five years. Five-year ROI reaches 104.59% and total cumulative return in cash sums $98,814. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,912/mo property income rather than buyer’s personal income.

Townhouse

Built in 1998

N/A lot

$N/A/sqft

$150 monthly HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 27513, Cary, NC area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	20,955 (100%)
Owner Occupied HU	11,452 (54.7%)
Renter Occupied HU	8,444 (40.3%)
Vacant Housing Units	1,059 ( 5.1%)
Median Home Value	$554,009
Average Home Value	$605,738