Sequoia Plan, Griffin PlaceDurhamNC27704
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
Rental property for sale in Durham at Sequoia Plan, Griffin Place, Durham, NC, 27704 offers $2,704/mo rent that, after a $1,786/mo payment, leaves $480/mo cash flow. Total monthly income is $2,704/mo, and annual cash flow is $5,760/yr on $120,994 cash. Return on cash invested measures 24.67% in year one, and rental yield stands at 8.89% at a $364,990 entry. Equity gained on principal adds $2,355/yr while 5% annual appreciation compounds into $100,840 by year five. Five-year ROI records 128.29% and total cumulative return in cash reaches $155,224. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,704/mo property income versus a $1,786/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2026
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27704, Durham, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,576 (100%) |
| Owner Occupied HU | 9,231 (55.7%) |
| Renter Occupied HU | 6,559 (39.6%) |
| Vacant Housing Units | 786 ( 4.7%) |
| Median Home Value | $325,650 |
| Average Home Value | $349,237 |
Housing Distribution
Address Breakdown
Residential
15,928
Single Family
13,290
Multi-Family
2,638
Businesses
1,001
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • Ryan Homes
Mls Name: Ryan Homes
Mls Provider:
Mls ID: #N/A