2204 Caroline Dr, Durham, NC, 27705 | 5.56% Rental Yield

Recently Sold

Currently Rented

Rental Income

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Durham at 2204 Caroline Dr, Durham, NC, 27705 earns from $2,503/mo rent with a $2,643/mo payment. Total monthly income totals $2,503/mo. ROI tracks 14.74% on current figures, and rental yield reads 5.56% at a $540,000 purchase. Equity gained on principal adds $3,485/yr, and 5% annual appreciation supports $149,192 over five years. Five-year ROI reaches 74.94% and total cumulative return in cash sums $133,142. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,503/mo property income instead of your personal income.

Multi Family

Built in 1988

9,583 sqft lot

$N/A/sqft

No HOA