545 Writers WayMorrisvilleNC27560
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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 545 Writers Way, Morrisville, NC, 27560 with 5% annual appreciation on a $360,400 basis while $2,215/mo rent supports operations. Total monthly income totals $2,215/mo and a $1,764/mo payment preserves $19/mo for cash returns. Annual cash flow comes to $222/yr on $119,473 deployed, and return on cash invested reaches 20.1% in year one. Equity gained on principal adds $2,326/yr, and five-year appreciation sums $99,572 alongside rental yield of 7.38%. Five-year ROI measures 103.74% and total cumulative return in cash totals $123,939.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,215/mo property income versus a $1,764/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Townhouse
Built in 2005
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: Doorify MLS
Mls ID: #10117085