12 Crail CtDurhamNC27712
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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
Investment Highlights
Rental property for sale in Durham at 12 Crail Ct, Durham, NC, 27712 priced at $639,000 converts $3,012/mo rent into after a $3,128/mo obligation. Total monthly income equals $3,012/mo. Return on cash invested prints 15.02% in year one, and rental yield reads 5.66% against a $639,000 entry. Equity gained on principal adds $4,123/yr, while 5% annual appreciation compiles into $176,544 by year five. Five-year ROI reaches 76.48% and total cumulative return in cash sums $160,792. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,012/mo property income covering a $3,128/mo payment, not borrower’s personal income.
Townhouse
Built in 2001
6,098 sqft 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 |
Housing Distribution
Address Breakdown
Residential
8,857
Single Family
8,770
Multi-Family
87
Businesses
122
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Listed by: Tracy Dowling • Homecoin.com
Mls Name: Doorify MLS
Mls ID: #10098624