58 Stoneridge Rd,Durham,NC,27705

Investment Highlights

Rental property for sale in Durham at 58 Stoneridge Rd, Durham, NC, 27705 offers $2,283/mo rent that, after a $1,786/mo payment, leaves $59/mo cash flow. Total monthly income is $2,283/mo, and annual cash flow is $709/yr on $120,964 cash. Return on cash invested measures 20.5% in year one, and rental yield stands at 7.51% at a $364,900 entry. Equity gained on principal adds $2,355/yr while 5% annual appreciation compounds into $100,815 by year five. Five-year ROI records 105.9% and total cumulative return in cash reaches $128,100. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,283/mo property income versus a $1,786/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.