205 Sunset AveMorrisvilleNC27560
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Morrisville at 205 Sunset Ave, Morrisville, NC, 27560 offers $1,808/mo rent that, after a $1,591/mo payment. Total monthly income is $1,808/mo. Return on cash invested measures 17.98% in year one, and rental yield stands at 6.68% at a $325,000 entry. Equity gained on principal adds $2,097/yr while 5% annual appreciation compounds into $89,792 by year five. Five-year ROI records 92.38% and total cumulative return in cash reaches $99,529. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,808/mo property income versus a $1,591/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Manufactured
Built in 1982
0.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27560, Morrisville, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,137 (100%) |
| Owner Occupied HU | 7,181 (37.5%) |
| Renter Occupied HU | 10,451 (54.6%) |
| Vacant Housing Units | 1,505 ( 7.9%) |
| Median Home Value | $545,572 |
| Average Home Value | $600,506 |
Housing Distribution
Address Breakdown
Residential
17,704
Single Family
9,094
Multi-Family
8,610
Businesses
1,917
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jessica Lynette Allen • Choice Residential Real Estate
Mls Name: Doorify MLS
Mls ID: #10119743