1417 Colewood DrDurhamNC27705
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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
Rental property for sale in Durham at 1417 Colewood Dr, Durham, NC, 27705 generates $2,553/mo in rent, after a $2,814/mo payment. Total monthly income is $2,553/mo. Return on cash invested sits at 14% in year one, and rental yield is 5.33% on a $575,000 entry. Equity gained on principal adds $3,710/yr, while 5% annual appreciation builds toward $158,862 over five years. Five-year ROI reaches 71.01% and total cumulative return in cash sums $134,339. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,553/mo property income rather than buyer’s personal income.
Single Family
Built in 1964
0.46 Acres lot
$N/A/sqft
No HOA
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Listed by: Christopher Mitchell • Coldwell Banker Advantage
Mls Name: Doorify MLS
Mls Provider:
Mls ID: #10125807
Disclaimer: The MLS listing information displayed is deemed reliable, but is not guaranteed accurate by the MLS. Copyright 2025 Doorify MLS of North Carolina. All rights reserved.