5 Morristown CirDurhamNC27705
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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
Rental property for sale in Durham at 5 Morristown Cir, Durham, NC, 27705 offers $5,446/mo rent that, after a $4,576/mo payment. Total monthly income is $5,446/mo. Return on cash invested measures 18.9% in year one, and rental yield stands at 6.99% at a $935,000 entry. Equity gained on principal adds $6,033/yr while 5% annual appreciation compounds into $258,323 by year five. Five-year ROI records 97.32% and total cumulative return in cash reaches $299,360. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $5,446/mo property income versus a $4,576/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2005
0.50 Acres lot
$N/A/sqft
$26 monthly HOA
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Listed by: Adam J Dickinson • Nest Realty of the Triangle
Mls Name: Doorify MLS
Mls Provider:
Mls ID: #10111762
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.