135 Cushman StDurhamNC27703
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 Durham at 135 Cushman St, Durham, NC, 27703 earns $510/mo cash flow from $2,228/mo rent with a $1,380/mo payment. Total monthly income totals $2,228/mo, and annual cash flow totals $6,115/yr on $93,483 capital. ROI tracks 26.45% on current figures, and rental yield reads 9.48% at a $282,000 purchase. Equity gained on principal adds $1,820/yr, and 5% annual appreciation supports $77,911 over five years. Five-year ROI reaches 137.81% and total cumulative return in cash sums $128,833. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,228/mo property income instead of your personal income.
Single Family
Built in 1971
8,712 sqft 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 |
Housing Distribution
Address Breakdown
Residential
29,548
Single Family
23,958
Multi-Family
5,590
Businesses
1,525
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Dorice Johnson • NorthGroup Real Estate, Inc.
Mls Name: Doorify MLS
Mls ID: #10131196