922 Glenolden CtCaryNC27513
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 $1,779/mo, and a $1,591/mo payment. Purchase price stands at $325,000, and rental yield measures 6.57% with $1,779/mo rent. Return on cash invested shows 15.08% in year one, and 5% annual appreciation builds toward $89,792 over five years. Five-year ROI reaches 77.71% and total cumulative return in cash records $83,725. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,779/mo property income covering a $1,591/mo payment rather than investor’s personal income.
Condo
Built in 2000
N/A lot
$N/A/sqft
$232 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27513, Cary, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,955 (100%) |
| Owner Occupied HU | 11,452 (54.7%) |
| Renter Occupied HU | 8,444 (40.3%) |
| Vacant Housing Units | 1,059 ( 5.1%) |
| Median Home Value | $554,009 |
| Average Home Value | $605,738 |
Housing Distribution
Address Breakdown
Residential
19,962
Single Family
14,827
Multi-Family
5,135
Businesses
1,343
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Melonie Mickle • m2 realty inc.
Mls Name: Doorify MLS
Mls Provider:
Mls ID: #10106336
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.