2702 Ramblegate Ln, Durham, NC, 27705 | $1,115/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

3 Bed
3 Bath
1832 sft

105 Jones Ferry Rd UNIT H, Carrboro, NC, 27510

3 Bed
2 Bath
2360 sft

603 Red Cedar Cir, Durham, NC, 27712

4 Bed
4 Bath
2000 sft

615 Carlton Commons Ln, Cary, NC, 27519

2 Bed
2 Bath
1028 sft

106 Broadway St #106, Durham, NC, 27701

Nearby investment properties with comparable prices

3 Bed
1 Bath
1450 sft

1610 W B St, Butner, NC, 27509

3 Bed
2 Bath
1149 sft

10 Bentwood Pl, Durham, NC, 27703

3 Bed
3 Bath
1400 sft

1004 Winding Spring Dr, Mebane, NC, 27302

3 Bed
3 Bath
1400 sft

1007 Winding Spring Dr, Mebane, NC, 27302

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

Explore more listings using simple english

Investment Highlights

Investment property for sale in Durham at 2702 Ramblegate Ln, Durham, NC, 27705 listed at $319,000 pairs $3,060/mo rent with a $1,561/mo payment to leave $1,115/mo cash flow. Total monthly income runs $3,060/mo, and annual cash flow reaches $13,378/yr on $105,749 cash to close. Return on cash invested measures 32.56% in year one, and rental yield registers 11.51% at a $319,000 basis. Equity gained on principal adds $2,058/yr, and annual property appreciation at 5% supports $88,134 by year five. Five-year ROI tracks 170.56% and total cumulative return in cash totals $180,361. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,060/mo property income relative to a $1,561/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Single Family

Built in 1989

9,147 sqft lot

$N/A/sqft

No HOA