1605 Old London Way, Apex, NC, 27523 | 5.33% Rental Yield

Recently Sold

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

Total monthly income runs $2,169/mo, and a $2,389/mo payment. Purchase price stands at $488,000, and rental yield measures 5.33% with $2,169/mo rent. Return on cash invested shows 13.75% in year one, and 5% annual appreciation builds toward $134,825 over five years. Five-year ROI reaches 69.76% and total cumulative return in cash records $112,844. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,169/mo property income covering a $2,389/mo payment rather than investor’s personal income.

Single Family

Built in 2000

6,098 sqft lot

$N/A/sqft

$240 annually HOA