908 Snow Hill RdDurhamNC27712
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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 Durham at 908 Snow Hill Rd, Durham, NC, 27712 generates $2,616/mo in rent and, after a $1,810/mo payment, leaves $362/mo in cash flow. Total monthly income is $2,616/mo, and annual cash flow is $4,345/yr on $122,622 invested. Return on cash invested sits at 23.45% in year one, and rental yield is 8.49% on a $369,900 entry. Equity gained on principal adds $2,387/yr, while 5% annual appreciation builds toward $102,197 over five years. Five-year ROI reaches 121.75% and total cumulative return in cash sums $149,290. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,616/mo property income rather than buyer’s personal income.
Single Family
Built in 1977
0.57 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27712, Durham, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,782 (100%) |
| Owner Occupied HU | 7,894 (89.9%) |
| Renter Occupied HU | 649 ( 7.4%) |
| Vacant Housing Units | 239 ( 2.7%) |
| Median Home Value | $418,705 |
| Average Home Value | $479,162 |
Housing Distribution
Address Breakdown
Residential
8,857
Single Family
8,770
Multi-Family
87
Businesses
122
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Listed by: Sheila Tillery • Mark Spain Real Estate
Mls Name: Doorify MLS
Mls Provider:
Mls ID: #10106190
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.