8720 Macedonia Lake DrCaryNC27518
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
Total monthly income runs $2,946/mo, and a $2,526/mo payment. Purchase price stands at $516,000, and rental yield measures 6.85% with $2,946/mo rent. Return on cash invested shows 18.65% in year one, and 5% annual appreciation builds toward $142,561 over five years. Five-year ROI reaches 95.94% and total cumulative return in cash records $162,879. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,946/mo property income covering a $2,526/mo payment rather than investor’s personal income.
Townhouse
Built in 2010
1,742 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27518, Cary, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,459 (100%) |
| Owner Occupied HU | 5,726 (60.5%) |
| Renter Occupied HU | 3,375 (35.7%) |
| Vacant Housing Units | 358 ( 3.8%) |
| Median Home Value | $630,645 |
| Average Home Value | $688,082 |
Housing Distribution
Address Breakdown
Residential
9,501
Single Family
6,118
Multi-Family
3,383
Businesses
934
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Eric Mikus • EXP Realty LLC
Mls Name: Doorify MLS
Mls Provider:
Mls ID: #10117050
Disclaimer: The MLS listing information displayed is deemed reliable, but is not guaranteed accurate by the MLS. Copyright 2025 Doorify MLS of North Carolina. All rights reserved.