Bordeaux Plan, Phillips ValleyDurhamNC27703
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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
Investment property for sale in Durham at Bordeaux Plan, Phillips Valley, Durham, NC, 27703 uses $134,254 cash to close to unlock $17,640/yr annual cash flow and $1,470/mo monthly cash flow. Total monthly income runs $3,938/mo, and a $1,982/mo payment keeps the spread at $1,470/mo. Purchase price stands at $404,990, and rental yield measures 11.67% with $3,938/mo rent. Return on cash invested shows 33.05% in year one, and 5% annual appreciation builds toward $111,891 over five years. Five-year ROI reaches 173.2% and total cumulative return in cash records $232,534. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,938/mo property income covering a $1,982/mo payment rather than investor’s personal income.
Single Family
Built in 2024
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27703, Durham, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 32,213 (100%) |
| Owner Occupied HU | 18,977 (58.9%) |
| Renter Occupied HU | 10,683 (33.2%) |
| Vacant Housing Units | 2,553 ( 7.9%) |
| Median Home Value | $393,167 |
| Average Home Value | $416,186 |
Housing Distribution
Address Breakdown
Residential
29,548
Single Family
23,958
Multi-Family
5,590
Businesses
1,525
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Listed by: Dylan Elkin • DRB Homes
Mls Name: DRB Homes
Mls Provider:
Mls ID: #N/A