1522 London CirDurhamNC27701
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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 London Cir, Durham, NC, 27701 offers a 9.89% rental yield on a $259,900 purchase with $2,143/mo rent. Total monthly income registers $2,143/mo, and a $1,272/mo payment leaves $559/mo available for distribution. Annual cash flow reaches $6,709/yr on $86,157 to close, and return on cash invested stands at 27.7% in year one. Equity gained on principal adds $1,677/yr while 5% annual appreciation supports $71,806 over five years. Portfolio math shows five-year ROI at 144.53% and total cumulative return in cash at $124,522. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,143/mo property income against a $1,272/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1942
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27701, Durham, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,573 (100%) |
| Owner Occupied HU | 3,590 (23.1%) |
| Renter Occupied HU | 9,727 (62.5%) |
| Vacant Housing Units | 2,256 (14.5%) |
| Median Home Value | $541,162 |
| Average Home Value | $585,584 |
Housing Distribution
Address Breakdown
Residential
13,401
Single Family
8,169
Multi-Family
5,232
Businesses
1,288
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Listed by: Nicholas S Yarrington • Grow Local Realty, LLC
Mls Name: Doorify MLS
Mls ID: #10130870