203 Piperwood DrCaryNC27518
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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 Cary at 203 Piperwood Dr, Cary, NC, 27518 listed at $720,000 pairs $3,355/mo rent with a $3,524/mo payment. Total monthly income runs $3,355/mo. Return on cash invested measures 14.83% in year one, and rental yield registers 5.59% at a $720,000 basis. Equity gained on principal adds $4,646/yr, and annual property appreciation at 5% supports $198,923 by year five. Five-year ROI tracks 75.42% and total cumulative return in cash totals $178,663. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,355/mo property income relative to a $3,524/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1989
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27518, Cary, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,459 (100%) |
| Owner Occupied HU | 5,726 (60.5%) |
| Renter Occupied HU | 3,375 (35.7%) |
| Vacant Housing Units | 358 ( 3.8%) |
| Median Home Value | $630,645 |
| Average Home Value | $688,082 |
Housing Distribution
Address Breakdown
Residential
9,501
Single Family
6,118
Multi-Family
3,383
Businesses
934
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Listed by: Stacey Horowitz • Long & Foster Real Estate INC/Raleigh
Mls Name: Doorify MLS
Mls ID: #10136008