2009 Rabbitbrush StDurhamNC27704
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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
Rental property for sale in Durham at 2009 Rabbitbrush St, Durham, NC, 27704 generates $2,130/mo in rent and, after a $1,648/mo payment, leaves $78/mo in cash flow. Total monthly income is $2,130/mo, and annual cash flow is $936/yr on $111,609 invested. Return on cash invested sits at 20.75% in year one, and rental yield is 7.59% on a $336,678 entry. Equity gained on principal adds $2,173/yr, while 5% annual appreciation builds toward $93,018 over five years. Five-year ROI reaches 107.21% and total cumulative return in cash sums $119,659. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,130/mo property income rather than buyer’s personal income.
Townhouse
Built in 2025
2,613 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27704, Durham, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,576 (100%) |
| Owner Occupied HU | 9,231 (55.7%) |
| Renter Occupied HU | 6,559 (39.6%) |
| Vacant Housing Units | 786 ( 4.7%) |
| Median Home Value | $325,650 |
| Average Home Value | $349,237 |
Housing Distribution
Address Breakdown
Residential
15,928
Single Family
13,290
Multi-Family
2,638
Businesses
1,001
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Listed by: L. Calvin Ramsey • Ramsey Realtors Team Inc
Mls Name: Doorify MLS
Mls ID: #10117120