64 Beverly DrDurhamNC27707
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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 64 Beverly Dr, Durham, NC, 27707 offers $3,854/mo rent that, after a $7,826/mo payment. Total monthly income is $3,854/mo. Return on cash invested measures 6.73% in year one, and rental yield stands at 2.89% at a $1,599,000 entry. Equity gained on principal adds $10,318/yr while 5% annual appreciation compounds into $441,774 by year five. Five-year ROI records 31.93% and total cumulative return in cash reaches $165,397. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,854/mo property income versus a $7,826/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1953
2.35 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27707, Durham, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 23,539 (100%) |
| Owner Occupied HU | 9,060 (38.5%) |
| Renter Occupied HU | 12,484 (53.0%) |
| Vacant Housing Units | 1,995 ( 8.5%) |
| Median Home Value | $476,975 |
| Average Home Value | $520,735 |
Housing Distribution
Address Breakdown
Residential
22,469
Single Family
15,431
Multi-Family
7,038
Businesses
1,397
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Listed by: Jarin Frederick • Peak, Swirles & Cavallito
Mls Name: Doorify MLS
Mls ID: #10132238