2602 Hitchcock DrDurhamNC27705
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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 2602 Hitchcock Dr, Durham, NC, 27705 earns from $1,284/mo rent with a $1,052/mo payment. Total monthly income totals $1,284/mo. ROI tracks 17% on current figures, and rental yield reads 7.17% at a $215,000 purchase. Equity gained on principal adds $1,387/yr, and 5% annual appreciation supports $59,401 over five years. Five-year ROI reaches 87.97% and total cumulative return in cash sums $62,701. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,284/mo property income instead of your personal income.
Townhouse
Built in 1984
1,306 sqft lot
$N/A/sqft
$147 monthly HOA
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Listed by: Brian Lawson • Keller Williams Elite Realty
Mls Name: Doorify MLS
Mls Provider:
Mls ID: #10103537
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.