8 Mandy CtDurhamNC27707
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 8 Mandy Ct, Durham, NC, 27707 at $249,000 posts ROI 23.21% with $227/mo cash flow from $1,745/mo rent. Total monthly income equals $1,745/mo, and annual cash flow records $2,726/yr on $82,544 to close. Return on cash invested measures 23.21% and rental yield reads 8.41% at the current $249,000. Equity gained on principal adds $1,607/yr, and 5% annual appreciation supports $68,794 by year five. Five-year ROI prints 120.47% and total cumulative return in cash totals $99,440.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,745/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Townhouse
Built in 1995
1,306 sqft 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: Kelsey Kearney • Allen Tate / Durham
Mls Name: Doorify MLS
Mls ID: #10104176