617 Minnestott WayDurhamNC27704
Nearby investment properties with comparable rents
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 Durham at 617 Minnestott Way, Durham, NC, 27704 at $299,000 posts ROI 26.05% with $507/mo cash flow from $2,516/mo rent. Total monthly income equals $2,516/mo, and annual cash flow records $6,084/yr on $99,119 to close. Return on cash invested measures 26.05% and rental yield reads 10.1% at the current $299,000. Equity gained on principal adds $1,929/yr, and 5% annual appreciation supports $82,608 by year five. Five-year ROI prints 136.5% and total cumulative return in cash totals $135,298.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,516/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Townhouse
Built in 2018
2,178 sqft lot
$N/A/sqft
$160 monthly 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: Sudheer Athota • Guru Realty Inc.
Mls Name: Doorify MLS
Mls Provider:
Mls ID: #10110601
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.