609 Sloan DrCaryNC27511
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Nearby investment properties with comparable prices
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 Cary at 609 Sloan Dr, Cary, NC, 27511 at $499,500 posts ROI 20.01% with $15/mo cash flow from $3,059/mo rent. Total monthly income equals $3,059/mo, and annual cash flow records $175/yr on $165,584 to close. Return on cash invested measures 20.01% and rental yield reads 7.35% at the current $499,500. Equity gained on principal adds $3,223/yr, and 5% annual appreciation supports $138,003 by year five. Five-year ROI prints 103.29% and total cumulative return in cash totals $171,031.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,059/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1974
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27511, Cary, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,057 (100%) |
| Owner Occupied HU | 9,053 (60.1%) |
| Renter Occupied HU | 5,179 (34.4%) |
| Vacant Housing Units | 825 ( 5.5%) |
| Median Home Value | $492,256 |
| Average Home Value | $560,203 |
Housing Distribution
Address Breakdown
Residential
14,555
Single Family
11,761
Multi-Family
2,794
Businesses
1,378
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Listed by: Tina Caul • EXP Realty LLC
Mls Name: Doorify MLS
Mls ID: #10120914