7270 Durham RdTimberlakeNC27583
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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
Investment property for sale in Timberlake at 7270 Durham Rd, Timberlake, NC, 27583 uses $66,300 cash to close to unlock $6,168/yr annual cash flow and $514/mo monthly cash flow. Total monthly income runs $1,733/mo, and a $979/mo payment keeps the spread at $514/mo. Purchase price stands at $200,000, and rental yield measures 10.4% with $1,733/mo rent. Return on cash invested shows 29.21% in year one, and 5% annual appreciation builds toward $55,256 over five years. Five-year ROI reaches 152.59% and total cumulative return in cash records $101,168. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,733/mo property income covering a $979/mo payment rather than investor’s personal income.
Single Family
Built in 1957
3.02 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27583, Timberlake, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,156 (100%) |
| Owner Occupied HU | 2,561 (81.1%) |
| Renter Occupied HU | 411 (13.0%) |
| Vacant Housing Units | 184 ( 5.8%) |
| Median Home Value | $256,794 |
| Average Home Value | $290,875 |
Housing Distribution
Address Breakdown
Residential
3,077
Single Family
3,077
Multi-Family
0
Businesses
97
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Listed by: Eddie Burton • Burton Realty Group Inc
Mls Name: Doorify MLS
Mls ID: #10131286