2221 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 2221 Alpine Rd, Durham, NC, 27707 uses $81,217 cash to close to unlock $4,224/yr annual cash flow and $352/mo monthly cash flow. Total monthly income runs $1,993/mo, and a $1,199/mo payment keeps the spread at $352/mo. Purchase price stands at $244,999, and rental yield measures 9.76% with $1,993/mo rent. Return on cash invested shows 25.11% in year one, and 5% annual appreciation builds toward $67,689 over five years. Five-year ROI reaches 131.4% and total cumulative return in cash records $106,716. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,993/mo property income covering a $1,199/mo payment rather than investor’s personal income.
Townhouse
Built in 1984
1,306 sqft lot
$N/A/sqft
$148 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: Tiffany Williamson • Navigate Realty
Mls Name: Doorify MLS
Mls Provider:
Mls ID: #10117775
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.