1308 Sedgefield St #CDurhamNC27705
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeInvestors who value predictability will appreciate 1308 Sedgefield St #C, Durham, NC, 27705 in Durham. At $215,000 it earns $1,654/mo in rent and distributes $258/mo to the owner after the $1,019/mo payment, a consistent 9.23% yield. DSCR 1.62 clears Ziffy Mortgage's income-only underwriting standard. Over five years, 5% annual appreciation adds $59,401 in value; $1,802/yr in principal paydown compounds ownership stake. Total projected return: $99,523.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.2% | 6.2% |
| Monthly Cash Flow | $258 | $350 |
City averages based on Durham market data in our database. Property projections are estimates.
DSCR Rental Loan Qualification
Qualifies using the property's rental income, not your personal income.
- ✓No W-2, pay stubs, or tax returns needed
- ✓Rental income qualifies you
- ✓Built for real estate investors
| Monthly Rental Income | $1,654 |
| Total Monthly Debt Service | $1,277 |
| DSCR Ratio | 1.30x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.5% rate / 30-yr fixed, 25% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 2025
8,712 sqft lot
$N/A/sqft
No HOA
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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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Listed by: N/A • N/A
Mls Name: Doorify MLS
Mls Provider:
Mls ID: #10190303
