1221 Renshaw 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
Investment property for sale in Cary at 1221 Renshaw Ct, Cary, NC, 27518 at $245,000 posts ROI 24.62% with $319/mo cash flow from $1,812/mo rent. Total monthly income equals $1,812/mo, and annual cash flow records $3,828/yr on $81,218 to close. Return on cash invested measures 24.62% and rental yield reads 8.88% at the current $245,000. Equity gained on principal adds $1,581/yr, and 5% annual appreciation supports $67,689 by year five. Five-year ROI prints 127.97% and total cumulative return in cash totals $103,932.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,812/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Condo
Built in 1995
N/A lot
$N/A/sqft
No 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: Steve Jourdain • Compass -- Cary
Mls Name: Doorify MLS
Mls ID: #10130227