96 Sparger Springs Ln, Durham, NC, 27705 | $383/mo Cash Flow

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 96 Sparger Springs Ln, Durham, NC, 27705 uses $84,533 cash to close to unlock $4,596/yr annual cash flow and $383/mo monthly cash flow. Total monthly income runs $1,937/mo, and a $1,248/mo payment keeps the spread at $383/mo. Purchase price stands at $255,000, and rental yield measures 9.12% with $1,937/mo rent. Return on cash invested shows 25.35% in year one, and 5% annual appreciation builds toward $70,452 over five years. Five-year ROI reaches 131.87% and total cumulative return in cash records $111,476. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,937/mo property income covering a $1,248/mo payment rather than investor’s personal income.

Townhouse

Built in 1986

1,306 sqft lot

$N/A/sqft

No HOA