128 Galway Glenn Ln,Durham,NC,27705

Investment Highlights

Rental property for sale in Durham at 128 Galway Glenn Ln, Durham, NC, 27705 generates $2,290/mo in rent and, after a $1,659/mo payment, leaves $224/mo in cash flow. Total monthly income is $2,290/mo, and annual cash flow is $2,690/yr on $112,379 invested. Return on cash invested sits at 22.3% in year one, and rental yield is 8.11% on a $339,000 entry. Equity gained on principal adds $2,188/yr, while 5% annual appreciation builds toward $93,659 over five years. Five-year ROI reaches 115.58% and total cumulative return in cash sums $129,892. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,290/mo property income rather than buyer’s personal income.