3 Crepe Myrtle PlDurhamNC27705
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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 3 Crepe Myrtle Pl, Durham, NC, 27705 offers a 5.6% rental yield on a $1,020,000 purchase with $4,763/mo rent. 95% in year one. Equity gained on principal adds $6,582/yr while 5% annual appreciation supports $281,807 over five years. Portfolio math shows five-year ROI at 76.07% and total cumulative return in cash at $251,383. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,763/mo property income against a $4,992/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1999
0.60 Acres lot
$N/A/sqft
$480 annually HOA
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Listed by: Amy B Andorfer • Berkshire Hathaway HomeService
Mls Name: Doorify MLS
Mls Provider:
Mls ID: #10115790
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.