128 Nelson StDurhamNC27707
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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
Investment property for sale in Durham at 128 Nelson St, Durham, NC, 27707 at $209,000 posts ROI 29.09% with $530/mo cash flow from $1,804/mo rent. Total monthly income equals $1,804/mo, and annual cash flow records $6,362/yr on $69,284 to close. Return on cash invested measures 29.09% and rental yield reads 10.36% at the current $209,000. Equity gained on principal adds $1,349/yr, and 5% annual appreciation supports $57,743 by year five. Five-year ROI prints 152% and total cumulative return in cash totals $105,314.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,804/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1951
9,147 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27707, Durham, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 23,539 (100%) |
| Owner Occupied HU | 9,060 (38.5%) |
| Renter Occupied HU | 12,484 (53.0%) |
| Vacant Housing Units | 1,995 ( 8.5%) |
| Median Home Value | $476,975 |
| Average Home Value | $520,735 |
Housing Distribution
Address Breakdown
Residential
22,469
Single Family
15,431
Multi-Family
7,038
Businesses
1,397
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Listed by: Nicholas Huscroft • Chosen Real Estate Group
Mls Name: Doorify MLS
Mls ID: #10135048