137 Friar LnCarrboroNC27510
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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 Carrboro at 137 Friar Ln, Carrboro, NC, 27510 listed at $234,000 pairs $1,922/mo rent with a $1,145/mo payment to leave $496/mo cash flow. Total monthly income runs $1,922/mo, and annual cash flow reaches $5,954/yr on $77,571 cash to close. Return on cash invested measures 27.59% in year one, and rental yield registers 9.86% at a $234,000 basis. Equity gained on principal adds $1,510/yr, and annual property appreciation at 5% supports $64,650 by year five. Five-year ROI tracks 143.93% and total cumulative return in cash totals $111,651. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,922/mo property income relative to a $1,145/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Townhouse
Built in 1985
871.20 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27510, Carrboro, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,562 (100%) |
| Owner Occupied HU | 1,960 (25.9%) |
| Renter Occupied HU | 5,229 (69.1%) |
| Vacant Housing Units | 373 ( 4.9%) |
| Median Home Value | $472,323 |
| Average Home Value | $507,006 |
Housing Distribution
Address Breakdown
Residential
7,542
Single Family
4,726
Multi-Family
2,816
Businesses
753
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Listed by: Stacey Delgado • Redfin Corporation
Mls Name: Doorify MLS
Mls ID: #10110456