407 Waldo StCaryNC27511
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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
Total monthly income runs $8,038/mo, and a $9,275/mo payment. Purchase price stands at $1,895,000, and rental yield measures 5.09% with $8,038/mo rent. Return on cash invested shows 13.51% in year one, and 5% annual appreciation builds toward $523,554 over five years. Five-year ROI reaches 68.29% and total cumulative return in cash records $419,261. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $8,038/mo property income covering a $9,275/mo payment rather than investor’s personal income.
Single Family
Built in 2025
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27511, Cary, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,057 (100%) |
| Owner Occupied HU | 9,053 (60.1%) |
| Renter Occupied HU | 5,179 (34.4%) |
| Vacant Housing Units | 825 ( 5.5%) |
| Median Home Value | $492,256 |
| Average Home Value | $560,203 |
Housing Distribution
Address Breakdown
Residential
14,555
Single Family
11,761
Multi-Family
2,794
Businesses
1,378
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Listed by: Johnny Chappell • Compass -- Raleigh
Mls Name: Doorify MLS
Mls ID: #10128865