1516 W Markham Ave, Durham, NC, 27705 | 6.42% Rental Yield

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 1516 W Markham Ave, Durham, NC, 27705 earns from $3,745/mo rent with a $3,426/mo payment. Total monthly income totals $3,745/mo. ROI tracks 17.35% on current figures, and rental yield reads 6.42% at a $700,000 purchase. Equity gained on principal adds $4,517/yr, and 5% annual appreciation supports $193,397 over five years. Five-year ROI reaches 88.93% and total cumulative return in cash sums $204,796. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,745/mo property income instead of your personal income.

Townhouse

Built in 2001

2,178 sqft lot

$N/A/sqft

No HOA