212 Applecross DrCaryNC27511
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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 212 Applecross Dr, Cary, NC, 27511 offers a 8.58% rental yield on a $253,000 purchase with $1,808/mo rent. Total monthly income registers $1,808/mo, and a $1,238/mo payment leaves $15/mo available for distribution. Annual cash flow reaches $182/yr on $83,870 to close, and return on cash invested stands at 20.13% in year one. Equity gained on principal adds $1,633/yr while 5% annual appreciation supports $69,899 over five years. Portfolio math shows five-year ROI at 105.24% and total cumulative return in cash at $88,264. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,808/mo property income against a $1,238/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Townhouse
Built in 1981
1,742 sqft lot
$N/A/sqft
$239 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27511, Cary, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,057 (100%) |
| Owner Occupied HU | 9,053 (60.1%) |
| Renter Occupied HU | 5,179 (34.4%) |
| Vacant Housing Units | 825 ( 5.5%) |
| Median Home Value | $492,256 |
| Average Home Value | $560,203 |
Housing Distribution
Address Breakdown
Residential
14,555
Single Family
11,761
Multi-Family
2,794
Businesses
1,378
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Listed by: Jenny Barber • Allen Tate / Durham
Mls Name: Doorify MLS
Mls Provider:
Mls ID: #10112938
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.