849 Firebrick DrCaryNC27519
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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
Rental property for sale in Cary at 849 Firebrick Dr, Cary, NC, 27519 priced at $696,000 converts $3,380/mo rent into after a $3,407/mo obligation. Total monthly income equals $3,380/mo. Return on cash invested prints 15.54% in year one, and rental yield reads 5.83% against a $696,000 entry. Equity gained on principal adds $4,491/yr, while 5% annual appreciation compiles into $192,292 by year five. Five-year ROI reaches 79.26% and total cumulative return in cash sums $181,496. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,380/mo property income covering a $3,407/mo payment, not borrower’s personal income.
Single Family
Built in 2019
3,920 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27519, Cary, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 27,394 (100%) |
| Owner Occupied HU | 17,672 (64.5%) |
| Renter Occupied HU | 8,097 (29.6%) |
| Vacant Housing Units | 1,625 ( 5.9%) |
| Median Home Value | $678,001 |
| Average Home Value | $748,230 |
Housing Distribution
Address Breakdown
Residential
26,524
Single Family
21,851
Multi-Family
4,673
Businesses
814
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Listed by: Ananth Chivukula • APNARTP REALTY LLC
Mls Name: Doorify MLS
Mls ID: #10131813