57 Stonewall WayDurhamNC27704
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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 57 Stonewall Way, Durham, NC, 27704 with 5% annual appreciation on a $245,000 basis while $1,588/mo rent supports operations. Total monthly income totals $1,588/mo and a $1,199/mo payment preserves $95/mo for cash returns. Annual cash flow comes to $1,140/yr on $81,218 deployed, and return on cash invested reaches 21.31% in year one. Equity gained on principal adds $1,581/yr, and five-year appreciation sums $67,689 alongside rental yield of 7.78%. Five-year ROI measures 110.24% and total cumulative return in cash totals $89,532.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,588/mo property income versus a $1,199/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Townhouse
Built in 1984
3,049 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27704, Durham, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,576 (100%) |
| Owner Occupied HU | 9,231 (55.7%) |
| Renter Occupied HU | 6,559 (39.6%) |
| Vacant Housing Units | 786 ( 4.7%) |
| Median Home Value | $325,650 |
| Average Home Value | $349,237 |
Housing Distribution
Address Breakdown
Residential
15,928
Single Family
13,290
Multi-Family
2,638
Businesses
1,001
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Listed by: Ben Thomas • DSM Realty Inc
Mls Name: Doorify MLS
Mls ID: #10142449