1200 Westerland Way, Durham, NC, 27703 | 5.63% 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

Total monthly income runs $2,340/mo, and a $2,442/mo payment. Purchase price stands at $499,000, and rental yield measures 5.63% with $2,340/mo rent. Return on cash invested shows 14.83% in year one, and 5% annual appreciation builds toward $137,865 over five years. Five-year ROI reaches 75.47% and total cumulative return in cash records $124,842. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,340/mo property income covering a $2,442/mo payment rather than investor’s personal income.

Single Family

Built in 2026

N/A lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 27703, Durham, NC area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	32,213 (100%)
Owner Occupied HU	18,977 (58.9%)
Renter Occupied HU	10,683 (33.2%)
Vacant Housing Units	2,553 ( 7.9%)
Median Home Value	$393,167
Average Home Value	$416,186