705 Red Top Hills CtCaryNC27513
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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 Cary at 705 Red Top Hills Ct, Cary, NC, 27513 priced at $675,000 pairs $3,544/mo rent with after a $3,304/mo payment. Total monthly income equals $3,544/mo. Return on cash invested is 16.78% in year one, and rental yield stands at 6.3% on a $675,000 basis. Equity gained on principal adds $4,356/yr, and 5% annual appreciation accumulates to $186,490 by year five. Five-year ROI measures 85.97% and total cumulative return in cash reaches $190,911. For financing, Ziffy Mortgage’s DSCR program evaluates $3,544/mo property income against a $3,304/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2001
9,147 sqft lot
$N/A/sqft
$448 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27513, Cary, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,955 (100%) |
| Owner Occupied HU | 11,452 (54.7%) |
| Renter Occupied HU | 8,444 (40.3%) |
| Vacant Housing Units | 1,059 ( 5.1%) |
| Median Home Value | $554,009 |
| Average Home Value | $605,738 |
Housing Distribution
Address Breakdown
Residential
19,962
Single Family
14,827
Multi-Family
5,135
Businesses
1,343
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Listed by: Paul Clayborne Corsa • Cambridge & Assoc. R.E. Group
Mls Name: Doorify MLS
Mls Provider:
Mls ID: #10122847
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.