225 Virens 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
Rental property for sale in Cary at 225 Virens Dr, Cary, NC, 27511 priced at $313,400 converts $2,201/mo rent into $279/mo cash flow after a $1,534/mo obligation. Total monthly income equals $2,201/mo, and annual cash flow totals $3,350/yr on $103,892 invested. Return on cash invested prints 23.13% in year one, and rental yield reads 8.43% against a $313,400 entry. Equity gained on principal adds $2,022/yr, while 5% annual appreciation compiles into $86,587 by year five. Five-year ROI reaches 120.1% and total cumulative return in cash sums $124,771. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,201/mo property income covering a $1,534/mo payment, not borrower’s personal income.
Townhouse
Built in N/A
N/A lot
$N/A/sqft
No 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: N/A • N/A
Mls Name: Zillow Rentals
Mls ID: #N/A