601 Finsbury St APT 100DurhamNC27703
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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 601 Finsbury St APT 100, Durham, NC, 27703 listed at $220,500 pairs $1,837/mo rent with a $1,079/mo payment to leave $164/mo cash flow. Total monthly income runs $1,837/mo, and annual cash flow reaches $1,965/yr on $73,096 cash to close. Return on cash invested measures 22.6% in year one, and rental yield registers 10% at a $220,500 basis. Equity gained on principal adds $1,423/yr, and annual property appreciation at 5% supports $60,920 by year five. Five-year ROI tracks 119.1% and total cumulative return in cash totals $87,060. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,837/mo property income relative to a $1,079/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 2012
N/A lot
$N/A/sqft
$283 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27703, Durham, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 32,213 (100%) |
| Owner Occupied HU | 18,977 (58.9%) |
| Renter Occupied HU | 10,683 (33.2%) |
| Vacant Housing Units | 2,553 ( 7.9%) |
| Median Home Value | $393,167 |
| Average Home Value | $416,186 |
Housing Distribution
Address Breakdown
Residential
29,548
Single Family
23,958
Multi-Family
5,590
Businesses
1,525
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Listed by: Betty Bargoil • EXP Realty LLC
Mls Name: Doorify MLS
Mls Provider:
Mls ID: #10068862
Disclaimer: The MLS listing information displayed is deemed reliable, but is not guaranteed accurate by the MLS. Copyright 2025 Doorify MLS of North Carolina. All rights reserved.