3311 Tarleton WDurhamNC27713
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeInvestors who value predictability will appreciate 3311 Tarleton W, Durham, NC, 27713 in Durham. At $191,900 it earns $1,402/mo in rent and distributes $232/mo to the owner after the $863/mo payment, a consistent 8.77% yield. DSCR 1.62 clears Ziffy Mortgage's income-only underwriting standard. Over five years, 5% annual appreciation adds $53,018 in value; $1,767/yr in principal paydown compounds ownership stake. Total projected return: $87,651.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.8% | 6.2% |
| Monthly Cash Flow | $232 | $350 |
City averages based on Durham market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,402 |
| Total Monthly Debt Service | $1,093 |
| DSCR Ratio | 1.28x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, 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.
Townhouse
Built in 1986
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27713, Durham, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 27,653 (100%) |
| Owner Occupied HU | 15,563 (56.3%) |
| Renter Occupied HU | 10,994 (39.8%) |
| Vacant Housing Units | 1,096 ( 4.0%) |
| Median Home Value | $424,275 |
| Average Home Value | $474,898 |
Housing Distribution
Address Breakdown
Residential
26,168
Single Family
18,385
Multi-Family
7,783
Businesses
1,493
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
Townhouse
Built in 1986
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27713, Durham, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 27,653 (100%) |
| Owner Occupied HU | 15,563 (56.3%) |
| Renter Occupied HU | 10,994 (39.8%) |
| Vacant Housing Units | 1,096 ( 4.0%) |
| Median Home Value | $424,275 |
| Average Home Value | $474,898 |
Housing Distribution
Address Breakdown
Residential
26,168
Single Family
18,385
Multi-Family
7,783
Businesses
1,493
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Leon D Frati • Urban Durham Realty
Mls Name: Doorify MLS
Mls ID: #10125699