809 Drew 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 809 Drew St, Durham, NC, 27701 at $625,000 posts ROI 20.28% with $38/mo cash flow from $3,847/mo rent. Total monthly income equals $3,847/mo, and annual cash flow records $456/yr on $205,625 to close. Return on cash invested measures 20.28% and rental yield reads 7.39% at the current $625,000. Equity gained on principal adds $4,033/yr, and 5% annual appreciation supports $172,676 by year five. Five-year ROI prints 104.68% and total cumulative return in cash totals $215,245.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,847/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2018
6,534 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: Ian Lipman • Better Realty LLC
Mls Name: Doorify MLS
Mls ID: #10130519