6 Castlewood DrDurhamNC27713
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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 6 Castlewood Dr, Durham, NC, 27713 projects strong ROI of 9.1%. Rental yield 3.66%. With 5% annual appreciation, the property builds $647,880 in value over five years. Equity growth combined delivers a projected five-year ROI of 44.67%, translating into $339,395 in total cumulative return on $759,780 invested capital. You can finance this property with Ziffy Mortgage’s DSCR loan, which leverages the property’s income for qualification rather than your personal income.
Single Family
Built in 2013
1.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27713, Durham, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 27,653 (100%) |
| Owner Occupied HU | 15,563 (56.3%) |
| Renter Occupied HU | 10,994 (39.8%) |
| Vacant Housing Units | 1,096 ( 4.0%) |
| Median Home Value | $424,275 |
| Average Home Value | $474,898 |
Housing Distribution
Address Breakdown
Residential
26,168
Single Family
18,385
Multi-Family
7,783
Businesses
1,493
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Listed by: Mollie Owen • Hodge & Kittrell Sotheby's Int
Mls Name: Doorify MLS
Mls ID: #10094573