120 E Laurenbrook CtCaryNC27518
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
Rental property for sale in Cary at 120 E Laurenbrook Ct, Cary, NC, 27518 offers $3,306/mo rent that, after a $2,961/mo payment. Total monthly income is $3,306/mo. Return on cash invested measures 17.12% in year one, and rental yield stands at 6.56% at a $605,000 entry. Equity gained on principal adds $3,904/yr while 5% annual appreciation compounds into $167,150 by year five. Five-year ROI records 87.97% and total cumulative return in cash reaches $175,102. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,306/mo property income versus a $2,961/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1987
0.25 Acres lot
$N/A/sqft
$380 semi-annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27518, Cary, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,459 (100%) |
| Owner Occupied HU | 5,726 (60.5%) |
| Renter Occupied HU | 3,375 (35.7%) |
| Vacant Housing Units | 358 ( 3.8%) |
| Median Home Value | $630,645 |
| Average Home Value | $688,082 |
Housing Distribution
Address Breakdown
Residential
9,501
Single Family
6,118
Multi-Family
3,383
Businesses
934
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Lauren Fours • Coldwell Banker Advantage
Mls Name: Doorify MLS
Mls Provider:
Mls ID: #10104488
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.