1522 Goodwin RdDurhamNC27712
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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 1522 Goodwin Rd, Durham, NC, 27712 with 5% annual appreciation on a $380,000 basis while $2,629/mo rent supports operations. Total monthly income totals $2,629/mo and a $1,860/mo payment preserves $313/mo for cash returns. Annual cash flow comes to $3,756/yr on $125,970 deployed, and return on cash invested reaches 22.89% in year one. Equity gained on principal adds $2,452/yr, and five-year appreciation sums $104,987 alongside rental yield of 8.3%. Five-year ROI measures 118.7% and total cumulative return in cash totals $149,521.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,629/mo property income versus a $1,860/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1973
0.45 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27712, Durham, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,782 (100%) |
| Owner Occupied HU | 7,894 (89.9%) |
| Renter Occupied HU | 649 ( 7.4%) |
| Vacant Housing Units | 239 ( 2.7%) |
| Median Home Value | $418,705 |
| Average Home Value | $479,162 |
Housing Distribution
Address Breakdown
Residential
8,857
Single Family
8,770
Multi-Family
87
Businesses
122
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Listed by: Stirling West • Mark Spain Real Estate
Mls Name: Doorify MLS
Mls Provider:
Mls ID: #10094760
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.