5119 Jessip StMorrisvilleNC27560
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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 Morrisville at 5119 Jessip St, Morrisville, NC, 27560 offers a 7.65% rental yield on a $406,600 purchase with $2,593/mo rent. Total monthly income registers $2,593/mo, and a $1,990/mo payment leaves $112/mo available for distribution. Annual cash flow reaches $1,344/yr on $134,788 to close, and return on cash invested stands at 20.91% in year one. Equity gained on principal adds $2,624/yr while 5% annual appreciation supports $112,336 over five years. Portfolio math shows five-year ROI at 108.12% and total cumulative return in cash at $145,728. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,593/mo property income against a $1,990/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Townhouse
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27560, Morrisville, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,137 (100%) |
| Owner Occupied HU | 7,181 (37.5%) |
| Renter Occupied HU | 10,451 (54.6%) |
| Vacant Housing Units | 1,505 ( 7.9%) |
| Median Home Value | $545,572 |
| Average Home Value | $600,506 |
Housing Distribution
Address Breakdown
Residential
17,704
Single Family
9,094
Multi-Family
8,610
Businesses
1,917
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Listed by: N/A • N/A
Mls Name: Zillow Rentals
Mls ID: #N/A