3426 Fairway LnDurhamNC27712
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayInvestors who prioritise long-run asset value over immediate income should consider 3426 Fairway Ln, Durham, NC, 27712 in Durham. Rental yield 4.54%. At $990,000 with 4.54% gross yield, current distributions are modest, but the 5% appreciation rate projects $273,519 in new equity by year five, complemented by $9,118/yr in principal paydown. Ziffy Mortgage's DSCR loan (0.84) allows non-U.S. residents to acquire without W-2s or domestic credit. Total projected five-year cumulative return: $224,686.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 4.5% | 6.2% |
| Monthly Cash Flow | $(2,339) | $350 |
City averages based on Durham market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,746 |
| Total Monthly Debt Service | $5,691 |
| DSCR Ratio | 0.66x |
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.
Single Family
Built in 2005
0.44 Acres lot
$N/A/sqft
$615 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27712, Durham, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,782 (100%) |
| Owner Occupied HU | 7,894 (89.9%) |
| Renter Occupied HU | 649 ( 7.4%) |
| Vacant Housing Units | 239 ( 2.7%) |
| Median Home Value | $418,705 |
| Average Home Value | $479,162 |
Housing Distribution
Address Breakdown
Residential
8,857
Single Family
8,770
Multi-Family
87
Businesses
122
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
Single Family
Built in 2005
0.44 Acres lot
$N/A/sqft
$615 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27712, Durham, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,782 (100%) |
| Owner Occupied HU | 7,894 (89.9%) |
| Renter Occupied HU | 649 ( 7.4%) |
| Vacant Housing Units | 239 ( 2.7%) |
| Median Home Value | $418,705 |
| Average Home Value | $479,162 |
Housing Distribution
Address Breakdown
Residential
8,857
Single Family
8,770
Multi-Family
87
Businesses
122
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jenny Barber • Allen Tate / Durham
Mls Name: Doorify MLS
Mls Provider:
Mls ID: #10115785
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.