938 Ivy Ln, Cary, NC, 27511 | 6.4% 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 Cary at 938 Ivy Ln, Cary, NC, 27511 listed at $500,000 pairs $2,668/mo rent with a $2,447/mo payment. Total monthly income runs $2,668/mo. Return on cash invested measures 17.17% in year one, and rental yield registers 6.4% at a $500,000 basis. Equity gained on principal adds $3,226/yr, and annual property appreciation at 5% supports $138,141 by year five. Five-year ROI tracks 87.99% and total cumulative return in cash totals $145,844. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,668/mo property income relative to a $2,447/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Single Family

Built in 1985

0.27 Acres lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 27511, Cary, NC area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	15,057 (100%)
Owner Occupied HU	9,053 (60.1%)
Renter Occupied HU	5,179 (34.4%)
Vacant Housing Units	825 ( 5.5%)
Median Home Value	$492,256
Average Home Value	$560,203