1031 Saint Marys StRaleighNC27605
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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
Rental property for sale in Raleigh at 1031 Saint Marys St, Raleigh, NC, 27605 priced at $195,000 pairs $1,470/mo rent with $261/mo cash flow after a $954/mo payment. Total monthly income equals $1,470/mo, and annual cash flow comes to $3,129/yr on $64,643 invested. Return on cash invested is 24.75% in year one, and rental yield stands at 9.05% on a $195,000 basis. Equity gained on principal adds $1,258/yr, and 5% annual appreciation accumulates to $53,875 by year five. Five-year ROI measures 128.83% and total cumulative return in cash reaches $83,278. For financing, Ziffy Mortgage’s DSCR program evaluates $1,470/mo property income against a $954/mo payment instead of your W2s, 1099s, or Tax returns.
Townhouse
Built in 1949
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27605, Raleigh, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,781 (100%) |
| Owner Occupied HU | 1,112 (29.4%) |
| Renter Occupied HU | 2,384 (63.1%) |
| Vacant Housing Units | 285 ( 7.5%) |
| Median Home Value | $698,153 |
| Average Home Value | $733,824 |
Housing Distribution
Address Breakdown
Residential
4,189
Single Family
1,739
Multi-Family
2,450
Businesses
704
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Listed by: N/A • N/A
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