2 Moorefield Ct,Durham,NC,27705

Investment Highlights

Rental property for sale in Durham at 2 Moorefield Ct, Durham, NC, 27705 priced at $249,500 converts $2,185/mo rent into $665/mo cash flow after a $1,221/mo obligation. Total monthly income equals $2,185/mo, and annual cash flow totals $7,975/yr on $82,709 invested. Return on cash invested prints 29.55% in year one, and rental yield reads 10.51% against a $249,500 entry. Equity gained on principal adds $1,610/yr, while 5% annual appreciation compiles into $68,932 by year five. Five-year ROI reaches 154.44% and total cumulative return in cash sums $127,737. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,185/mo property income covering a $1,221/mo payment, not borrower’s personal income.