117 Colchis CtCaryNC27513
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 Cary at 117 Colchis Ct, Cary, NC, 27513 at $363,225 posts ROI 17.72% with from $2,321/mo rent. Total monthly income equals $2,321/mo. Return on cash invested measures 17.72% and rental yield reads 7.67% at the current $363,225. Equity gained on principal adds $2,344/yr, and 5% annual appreciation supports $100,352 by year five. Five-year ROI prints 92.17% and total cumulative return in cash totals $110,978. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,321/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Townhouse
Built in 1997
2,178 sqft lot
$N/A/sqft
$308 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 |
Housing Distribution
Address Breakdown
Residential
19,962
Single Family
14,827
Multi-Family
5,135
Businesses
1,343
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Holly Hendren • Compass -- Cary
Mls Name: Doorify MLS
Mls Provider:
Mls ID: #10131677
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.