11211 Avocet Ln APT 104RaleighNC27617
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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 Raleigh at 11211 Avocet Ln APT 104, Raleigh, NC, 27617 uses $94,478 cash to close to unlock $8,892/yr annual cash flow and $741/mo monthly cash flow. Total monthly income runs $2,478/mo, and a $1,395/mo payment keeps the spread at $741/mo. Purchase price stands at $285,000, and rental yield measures 10.43% with $2,478/mo rent. Return on cash invested shows 29.32% in year one, and 5% annual appreciation builds toward $78,740 over five years. Five-year ROI reaches 153.17% and total cumulative return in cash records $144,714. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,478/mo property income covering a $1,395/mo payment rather than investor’s personal income.
Condo
Built in 2004
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27617, Raleigh, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,181 (100%) |
| Owner Occupied HU | 4,237 (37.9%) |
| Renter Occupied HU | 6,168 (55.2%) |
| Vacant Housing Units | 776 ( 6.9%) |
| Median Home Value | $553,776 |
| Average Home Value | $625,222 |
Housing Distribution
Address Breakdown
Residential
10,838
Single Family
4,133
Multi-Family
6,705
Businesses
977
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Listed by: Tina Caul • EXP Realty LLC
Mls Name: Doorify MLS
Mls ID: #10136102