3086 Colony Rd APT CDurhamNC27705
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderA DSCR of 1.51 makes 3086 Colony Rd APT C, Durham, NC, 27705 in Durham one of the easier properties to finance via Ziffy Mortgage's rental-income underwriting. Rental yield 7.97%. The 7.97% yield, 5% annual appreciation ($60,782 over five years), and $2,026/yr in principal reduction project a total cumulative return of $69,266.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8% | 6.2% |
| Monthly Cash Flow | $(251) | $350 |
City averages based on Durham market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,495 |
| Total Monthly Debt Service | $1,654 |
| DSCR Ratio | 0.90x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 1972
N/A lot
$N/A/sqft
$375 monthly HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Condo
Built in 1972
N/A lot
$N/A/sqft
$375 monthly HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Emma Gould • Inhabit Real Estate
Mls Name: Doorify MLS
Mls Provider:
Mls ID: #10103994
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.