1508 W Markham Ave, Durham, NC, 27705 | $222/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

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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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Investment Highlights

Investment property for sale in Durham at 1508 W Markham Ave, Durham, NC, 27705 uses $165,584 cash to close to unlock $2,659/yr annual cash flow and $222/mo monthly cash flow. Total monthly income runs $3,266/mo, and a $2,445/mo payment keeps the spread at $222/mo. Purchase price stands at $499,500, and rental yield measures 7.85% with $3,266/mo rent. Return on cash invested shows 21.51% in year one, and 5% annual appreciation builds toward $138,003 over five years. Five-year ROI reaches 111.33% and total cumulative return in cash records $184,351. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,266/mo property income covering a $2,445/mo payment rather than investor’s personal income.

Townhouse

Built in 2001

1,742 sqft lot

$N/A/sqft

No HOA