709 Wendy WayDurhamNC27712
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 709 Wendy Way, Durham, NC, 27712 with 5% annual appreciation on a $298,000 basis while $2,281/mo rent supports operations. Total monthly income totals $2,281/mo and a $1,459/mo payment preserves $464/mo for cash returns. Annual cash flow comes to $5,573/yr on $98,787 deployed, and return on cash invested reaches 25.55% in year one. Equity gained on principal adds $1,923/yr, and five-year appreciation sums $82,332 alongside rental yield of 9.19%. Five-year ROI measures 132.99% and total cumulative return in cash totals $131,372.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,281/mo property income versus a $1,459/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1979
0.71 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27712, Durham, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,782 (100%) |
| Owner Occupied HU | 7,894 (89.9%) |
| Renter Occupied HU | 649 ( 7.4%) |
| Vacant Housing Units | 239 ( 2.7%) |
| Median Home Value | $418,705 |
| Average Home Value | $479,162 |
Housing Distribution
Address Breakdown
Residential
8,857
Single Family
8,770
Multi-Family
87
Businesses
122
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Thomas Ladane Shoupe • Opendoor Brokerage LLC
Mls Name: Doorify MLS
Mls ID: #10109723