1505 Virginia AveDurhamNC27705
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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 1505 Virginia Ave, Durham, NC, 27705 earns from $2,136/mo rent with a $2,973/mo payment. Total monthly income totals $2,136/mo. ROI tracks 10.66% on current figures, and rental yield reads 4.22% at a $607,500 purchase. Equity gained on principal adds $3,920/yr, and 5% annual appreciation supports $167,841 over five years. Five-year ROI reaches 53.06% and total cumulative return in cash sums $106,058. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,136/mo property income instead of your personal income.
Single Family
Built in 1941
7,405 sqft lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices
Listed by: Mary R Hunter • Urban Durham Realty
Mls Name: Doorify MLS
Mls ID: #10142388