409 Morreene RdDurhamNC27705
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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 409 Morreene Rd, Durham, NC, 27705 at $575,000 posts ROI 18.89% with from $3,319/mo rent. Total monthly income equals $3,319/mo. Return on cash invested measures 18.89% and rental yield reads 6.93% at the current $575,000. Equity gained on principal adds $3,710/yr, and 5% annual appreciation supports $158,862 by year five. Five-year ROI prints 97.19% and total cumulative return in cash totals $183,863. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,319/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2021
9,147 sqft lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices
Listed by: Courtney Aiken Andrews • Real Broker, LLC
Mls Name: Doorify MLS
Mls ID: #10129219