929 Morreene Rd APT B24, Durham, NC, 27705 | 8.4% Rental Yield

For Sale

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

Investment property for sale in Durham at 929 Morreene Rd APT B24, Durham, NC, 27705 earns from $2,276/mo rent with a $1,591/mo payment. Total monthly income totals $2,276/mo. ROI tracks 19.91% on current figures, and rental yield reads 8.4% at a $325,000 purchase. Equity gained on principal adds $2,097/yr, and 5% annual appreciation supports $89,792 over five years. Five-year ROI reaches 103.9% and total cumulative return in cash sums $111,937. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,276/mo property income instead of your personal income.

Condo

Built in 2002

N/A lot

$N/A/sqft

$295 monthly HOA