606 Valley DrDurhamNC27704
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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
Rental property for sale in Durham at 606 Valley Dr, Durham, NC, 27704 offers $2,352/mo rent that, after a $2,104/mo payment. Total monthly income is $2,352/mo. Return on cash invested measures 17.65% in year one, and rental yield stands at 6.57% at a $429,900 entry. Equity gained on principal adds $2,774/yr while 5% annual appreciation compounds into $118,773 by year five. Five-year ROI records 90.65% and total cumulative return in cash reaches $129,187. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,352/mo property income versus a $2,104/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1988
0.30 Acres 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: Randy Boss • Trammel Brothers Inc.
Mls Name: Doorify MLS
Mls ID: #10123725