417 Applecross DrCaryNC27511
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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 Cary at 417 Applecross Dr, Cary, NC, 27511 earns $384/mo cash flow from $2,010/mo rent with a $1,306/mo payment. Total monthly income totals $2,010/mo, and annual cash flow totals $4,605/yr on $88,477 capital. ROI tracks 25.11% on current figures, and rental yield reads 9.04% at a $266,900 purchase. Equity gained on principal adds $1,722/yr, and 5% annual appreciation supports $73,740 over five years. Five-year ROI reaches 130.64% and total cumulative return in cash sums $115,584. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,010/mo property income instead of your personal income.
Townhouse
Built in 1983
2,178 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: Charles Nichol • Marketplace Housing, LLC
Mls Name: Doorify MLS
Mls ID: #10135401