1605 Sassafras Hill StDurhamNC27712
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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 1605 Sassafras Hill St, Durham, NC, 27712 listed at $516,600 pairs $3,874/mo rent with a $2,529/mo payment to leave $683/mo cash flow. Total monthly income runs $3,874/mo, and annual cash flow reaches $8,191/yr on $169,961 cash to close. Return on cash invested measures 24.88% in year one, and rental yield registers 9% at a $516,600 basis. Equity gained on principal adds $3,334/yr, and annual property appreciation at 5% supports $142,727 by year five. Five-year ROI tracks 129.46% and total cumulative return in cash totals $220,031. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,874/mo property income relative to a $2,529/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2017
0.37 Acres lot
$N/A/sqft
$25 monthly 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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