212 E Rockway 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
Investment property for sale in Durham at 212 E Rockway St, Durham, NC, 27704 with 5% annual appreciation on a $396,500 basis while $2,581/mo rent supports operations. Total monthly income totals $2,581/mo and a $1,941/mo payment preserves $155/mo for cash returns. Annual cash flow comes to $1,863/yr on $131,440 deployed, and return on cash invested reaches 21.33% in year one. Equity gained on principal adds $2,559/yr, and five-year appreciation sums $109,546 alongside rental yield of 7.81%. Five-year ROI measures 110.38% and total cumulative return in cash totals $145,077.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,581/mo property income versus a $1,941/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1949
0.26 Acres 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: Mariana A Byrd • Urban Durham Realty
Mls Name: Doorify MLS
Mls Provider:
Mls ID: #10097057
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.