Ranch home in Durham, NC
Set in Durham, NC, this Ranch home provides 2 bedrooms and 1 bathroom across 1,028 square feet. The Ranch styling carries through the home's design.
| Price | $319,000 |
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| Beds | 2 |
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| Baths | 1 |
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| Sqft | 1028 |
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| Architectural style | Ranch (37% match) |
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| Address | 2907 Broad St, Durham, NC 27704 |
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Why buy this home
- Confirmed Ranch architecture, matched from the listing photos by Enzo's vision model.
- Links directly to the original source listing on Zillow.
Is this a good buy?
Priced a little under the area.
- At $319K, this home is 9% below the $350K median for 200 similar Ranch homes in Durham, NC.
- That works out to $310 per square foot, 26% above the $247 comparable rate.
- New to market (3 days), so expect competition.
| This home | $319,000 |
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| Ranch median in Durham, NC | $349,900 (200 homes) |
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| Price per sq ft | $310 vs. $247 comps median |
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Enzo's reads public listing data and links to the original source. Confirm condition, HOA, taxes and fees there. This is a signal, not advice.
What it costs to own
Estimated at $2,084/month with 20% down at a 7.28% 30-year fixed rate. You would need about $89,302 in gross annual income to keep housing within a 28% ratio.
| Mortgage (P&I) | $1,746/mo |
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| Property tax (new-buyer reassessed rate) | $218/mo |
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| Homeowners insurance | $120/mo |
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| Total monthly | $2,084/mo |
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| Down payment (20%) | $63,800 |
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| Income needed | $89,302/yr |
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A signal to compare homes, not financial advice or a loan offer.
Financial outlook (modeled)
Enzo's grades this home B- (70 out of 100) over a 5-year hold, from a Monte-Carlo of local home-price dynamics and the interest-rate path versus renting.
| Grade | B- (70/100) |
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| Beats renting in | 26% of modeled paths |
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| Modeled 5-yr equity (median) | $169,622 |
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| Range (10th to 90th pct) | $105,714 to $246,954 |
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A probabilistic model built on public data (Zillow ZHVI, FRED rates), not a guarantee or financial advice. Local price dynamics are pooled toward Durham, NC where local data is thin.
Local home values
Typical home values in Durham, NC have risen about 21% over the past 5 years (-2% in the last year), per the Zillow Home Value Index. This reflects the metro market, not this specific home.
View this home on Zillow