3088 Colony Rd APT A, Durham, NC, 27705 | $688/mo Cash Flow

For Sale

Ziffy Mortgage

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

Rental property for sale in Durham at 3088 Colony Rd APT A, Durham, NC, 27705 generates $2,089/mo in rent and, after a $1,125/mo payment, leaves $688/mo in cash flow. Total monthly income is $2,089/mo, and annual cash flow is $8,257/yr on $76,212 invested. Return on cash invested sits at 30.74% in year one, and rental yield is 10.9% on a $229,900 entry. Equity gained on principal adds $1,484/yr, while 5% annual appreciation builds toward $63,517 over five years. Five-year ROI reaches 160.87% and total cumulative return in cash sums $122,603. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,089/mo property income rather than buyer’s personal income.

Townhouse

Built in 1972

N/A lot

$N/A/sqft

No HOA