709 Gerard StDurhamNC27701
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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 Durham at 709 Gerard St, Durham, NC, 27701 at $188,000 posts ROI 37.23% with $899/mo cash flow from $2,045/mo rent. Total monthly income equals $2,045/mo, and annual cash flow records $10,793/yr on $62,322 to close. Return on cash invested measures 37.23% and rental yield reads 13.05% at the current $188,000. Equity gained on principal adds $1,213/yr, and 5% annual appreciation supports $51,941 by year five. Five-year ROI prints 195.64% and total cumulative return in cash totals $121,928.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,045/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1920
3,920 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27701, Durham, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,573 (100%) |
| Owner Occupied HU | 3,590 (23.1%) |
| Renter Occupied HU | 9,727 (62.5%) |
| Vacant Housing Units | 2,256 (14.5%) |
| Median Home Value | $541,162 |
| Average Home Value | $585,584 |
Housing Distribution
Address Breakdown
Residential
13,401
Single Family
8,169
Multi-Family
5,232
Businesses
1,288
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Listed by: Garry Cutright • Calculus Commercial
Mls Name: Doorify MLS
Mls Provider:
Mls ID: #10100552
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.