1624 Kirkwood Dr, Durham, NC, 27705 | $468/mo Cash Flow

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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 1624 Kirkwood Dr, Durham, NC, 27705 uses $119,340 cash to close to unlock $5,614/yr annual cash flow and $468/mo monthly cash flow. Total monthly income runs $2,663/mo, and a $1,762/mo payment keeps the spread at $468/mo. Purchase price stands at $360,000, and rental yield measures 8.88% with $2,663/mo rent. Return on cash invested shows 24.61% in year one, and 5% annual appreciation builds toward $99,461 over five years. Five-year ROI reaches 127.95% and total cumulative return in cash records $152,697. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,663/mo property income covering a $1,762/mo payment rather than investor’s personal income.

Single Family

Built in 1958

0.46 Acres lot

$N/A/sqft

No HOA