1911 Morehead AveDurhamNC27707
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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 1911 Morehead Ave, Durham, NC, 27707 earns from $2,081/mo rent with a $3,389/mo payment. Total monthly income totals $2,081/mo. ROI tracks 8.79% on current figures, and rental yield reads 3.61% at a $692,500 purchase. Equity gained on principal adds $4,469/yr, and 5% annual appreciation supports $191,325 over five years. Five-year ROI reaches 43.07% and total cumulative return in cash sums $98,125. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,081/mo property income instead of your personal income.
Multi Family
Built in 1961
9,147 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27707, Durham, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 23,539 (100%) |
| Owner Occupied HU | 9,060 (38.5%) |
| Renter Occupied HU | 12,484 (53.0%) |
| Vacant Housing Units | 1,995 ( 8.5%) |
| Median Home Value | $476,975 |
| Average Home Value | $520,735 |
Housing Distribution
Address Breakdown
Residential
22,469
Single Family
15,431
Multi-Family
7,038
Businesses
1,397
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Listed by: Ed W Billings • Compass -- Chapel Hill - Durham
Mls Name: Doorify MLS
Mls Provider:
Mls ID: #10102040
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.