902 B Oakland Ave, Durham, NC, 27705 | 6.58% Rental Yield

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Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Durham at 902 B Oakland Ave, Durham, NC, 27705 generates $3,508/mo in rent, after a $3,132/mo payment. Total monthly income is $3,508/mo. Return on cash invested sits at 17.83% in year one, and rental yield is 6.58% on a $639,900 entry. Equity gained on principal adds $4,129/yr, while 5% annual appreciation builds toward $176,793 over five years. Five-year ROI reaches 91.54% and total cumulative return in cash sums $192,707. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,508/mo property income rather than buyer’s personal income.

Single Family

Built in 2024

2,613 sqft lot

$N/A/sqft

No HOA