5501 Paces Ferry DrDurhamNC27712
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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 5501 Paces Ferry Dr, Durham, NC, 27712 offers a 7.45% rental yield on a $426,600 purchase with $2,650/mo rent. Total monthly income registers $2,650/mo, and a $2,088/mo payment leaves $37/mo available for distribution. Annual cash flow reaches $445/yr on $141,418 to close, and return on cash invested stands at 20.22% in year one. Equity gained on principal adds $2,753/yr while 5% annual appreciation supports $117,862 over five years. Portfolio math shows five-year ROI at 104.48% and total cumulative return in cash at $147,747. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,650/mo property income against a $2,088/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2005
0.36 Acres lot
$N/A/sqft
$13 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27712, Durham, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,782 (100%) |
| Owner Occupied HU | 7,894 (89.9%) |
| Renter Occupied HU | 649 ( 7.4%) |
| Vacant Housing Units | 239 ( 2.7%) |
| Median Home Value | $418,705 |
| Average Home Value | $479,162 |
Housing Distribution
Address Breakdown
Residential
8,857
Single Family
8,770
Multi-Family
87
Businesses
122
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