308 Harkness Cir, Durham, NC, 27705 | 5.95% Rental Yield

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NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Durham at 308 Harkness Cir, Durham, NC, 27705 listed at $635,000 pairs $3,149/mo rent with a $3,108/mo payment. Total monthly income runs $3,149/mo. Return on cash invested measures 15.63% in year one, and rental yield registers 5.95% at a $635,000 basis. Equity gained on principal adds $4,098/yr, and annual property appreciation at 5% supports $175,439 by year five. Five-year ROI tracks 79.84% and total cumulative return in cash totals $166,796. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,149/mo property income relative to a $3,108/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Single Family

Built in 2006

0.32 Acres lot

$N/A/sqft

$50 monthly HOA