512 Gordon St #305DurhamNC27701
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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 512 Gordon St #305, Durham, NC, 27701 earns from $3,383/mo rent with a $3,108/mo payment. Total monthly income totals $3,383/mo. ROI tracks 17.26% on current figures, and rental yield reads 6.39% at a $634,990 purchase. Equity gained on principal adds $4,097/yr, and 5% annual appreciation supports $175,436 over five years. Five-year ROI reaches 88.51% and total cumulative return in cash sums $184,913. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,383/mo property income instead of your personal income.
Townhouse
Built in 2025
871.20 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27701, Durham, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,573 (100%) |
| Owner Occupied HU | 3,590 (23.1%) |
| Renter Occupied HU | 9,727 (62.5%) |
| Vacant Housing Units | 2,256 (14.5%) |
| Median Home Value | $541,162 |
| Average Home Value | $585,584 |
Housing Distribution
Address Breakdown
Residential
13,401
Single Family
8,169
Multi-Family
5,232
Businesses
1,288
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Listed by: Rylie Balmes • Copper Builders Inc
Mls Name: Doorify MLS
Mls ID: #10139268