ZIP CODE 27713 // DURHAM-CHAPEL HILL, NC // DATA AS OF 2026-09-30
Durham, NC (27713) Rental Property Cap Rate & Cash Flow Report
Located in Durham County (Durham, NC), Zip Code 27713 ranks #325 of 500 within this selected sample (35th percentile) with a Zillow ZHVI typical home-value index of $409,919 (-3.8% YoY) and a ZORI observed market rent of $1,544/mo (+5.7% YoY). Requires at least 64.0% down payment at 6.5% interest to reach $0/mo break-even cash flow. This model combines different housing populations; it is not an observed average property return. Costs assume state-average tax, 0.5% annual insurance, 13% reserves and no HOA or management. Figures below follow your edits; this headline describes the original benchmark.
Net Monthly Cash Flow
-$1,139/mo
Annual: -$13,673/yr
Modeled Cap Rate
2.73%
NOI: $11,200/yr
Cash-on-Cash Return
-14.50%
Cash Needed: $94,281
1% Rule Ratio
0.38%
Gross Yield: 4.52%
Break-Even Rent
$2,854/mo
State Tax: 0.70%/yr
INTERACTIVE PRO-FORMA STATEMENT (ZIP 27713 BENCHMARK)
Edit any value
Purchase Price (ZHVI proxy)
Monthly Gross Rent (ZORI proxy)
Down Payment (%)
Interest Rate (30Y Fixed %)
Annual Property Tax (NC Avg 0.70%)
Annual Home Insurance ($)
Monthly HOA Fee ($)
Monthly Debt Service (P&I)
-$2,073/mo
Monthly Operating Expenses (Tax + Ins + 13% Reserves)
-$611/mo
HISTORICAL ZHVI PRICE VS. ZORI RENT TRAJECTORY (27713)
| Year | ZHVI Value | ZORI Rent | Gross Yield |
|---|---|---|---|
| 2021 | $348,200 | $1,340/mo | 4.62% |
| 2022 | $430,173 | $1,481/mo | 4.13% |
| 2023 | $421,483 | $1,474/mo | 4.20% |
| 2024 | $432,078 | $1,491/mo | 4.14% |
| 2025 | $426,155 | $1,461/mo | 4.11% |
| 2026 | $409,919 | $1,544/mo | 4.52% |
COMPARABLE U.S. RENTAL MARKETS
| Zip / City | Price | Rent | Cap Rate | Cash Flow |
|---|---|---|---|---|
| 28173 Waxhaw, NC | $687,851 | $2,637/mo | 2.80% | -$1,872/mo |
| 28078 Huntersville, NC | $535,352 | $1,938/mo | 2.58% | -$1,556/mo |
| 27587 Wake Forest, NC | $504,797 | $1,795/mo | 2.51% | -$1,496/mo |
| 28277 Charlotte, NC | $602,387 | $1,974/mo | 2.22% | -$1,931/mo |
| 28027 Concord, NC | $409,576 | $1,752/mo | 3.27% | -$956/mo |
| 27616 Raleigh, NC | $348,330 | $1,658/mo | 3.77% | -$667/mo |