214 Trolley Car WayMorrisvilleNC27560
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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
Total monthly income runs $2,813/mo, and a $3,323/mo payment. Purchase price stands at $679,000, and rental yield measures 4.97% with $2,813/mo rent. Return on cash invested shows 12.94% in year one, and 5% annual appreciation builds toward $187,595 over five years. Five-year ROI reaches 65.34% and total cumulative return in cash records $145,967. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,813/mo property income covering a $3,323/mo payment rather than investor’s personal income.
Single Family
Built in 2003
N/A 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
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Listed by: Sanjay Bhalodia • Best Triangle Realty
Mls Name: Doorify MLS
Mls ID: #10130864