2109 Alpine RdDurhamNC27707
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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 2109 Alpine Rd, Durham, NC, 27707 uses $67,460 cash to close to unlock $3,130/yr annual cash flow and $261/mo monthly cash flow. Total monthly income runs $1,651/mo, and a $996/mo payment keeps the spread at $261/mo. Purchase price stands at $203,500, and rental yield measures 9.74% with $1,651/mo rent. Return on cash invested shows 24.55% in year one, and 5% annual appreciation builds toward $56,223 over five years. Five-year ROI reaches 128.58% and total cumulative return in cash records $86,739. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,651/mo property income covering a $996/mo payment rather than investor’s personal income.
Townhouse
Built in 1989
1,306 sqft lot
$N/A/sqft
$150 monthly 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: Amanda R Baker • Allen Tate / Durham
Mls Name: Doorify MLS
Mls Provider:
Mls ID: #10110154
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.