516 Soapstone Dr, Durham, NC, 27705 | 6.55% Rental Yield

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Durham at 516 Soapstone Dr, Durham, NC, 27705 offers $3,840/mo rent that, after a $3,443/mo payment. Total monthly income is $3,840/mo. Return on cash invested measures 17.43% in year one, and rental yield stands at 6.55% at a $703,390 entry. Equity gained on principal adds $4,539/yr while 5% annual appreciation compounds into $194,334 by year five. Five-year ROI records 89.5% and total cumulative return in cash reaches $207,108. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,840/mo property income versus a $3,443/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.

Single Family

Built in 2025

N/A lot

$N/A/sqft

$60 monthly HOA