3417 Cottonwood DrDurhamNC27707
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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 3417 Cottonwood Dr, Durham, NC, 27707 earns from $2,509/mo rent with a $2,521/mo payment. Total monthly income totals $2,509/mo. ROI tracks 15.6% on current figures, and rental yield reads 5.85% at a $515,000 purchase. Equity gained on principal adds $3,323/yr, and 5% annual appreciation supports $142,285 over five years. Five-year ROI reaches 79.56% and total cumulative return in cash sums $134,809. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,509/mo property income instead of your personal income.
Single Family
Built in 1987
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27707, Durham, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 23,539 (100%) |
| Owner Occupied HU | 9,060 (38.5%) |
| Renter Occupied HU | 12,484 (53.0%) |
| Vacant Housing Units | 1,995 ( 8.5%) |
| Median Home Value | $476,975 |
| Average Home Value | $520,735 |
Housing Distribution
Address Breakdown
Residential
22,469
Single Family
15,431
Multi-Family
7,038
Businesses
1,397
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Listed by: Gennell Kessler • Coldwell Banker Advantage
Mls Name: Doorify MLS
Mls ID: #10115380