1130 Schaub Dr APT JRaleighNC27606
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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 1130 Schaub Dr APT J, Raleigh, NC, 27606 earns $37/mo cash flow from $1,439/mo rent with a $905/mo payment. Total monthly income totals $1,439/mo, and annual cash flow totals $444/yr on $61,328 capital. ROI tracks 20.63% on current figures, and rental yield reads 9.33% at a $185,000 purchase. Equity gained on principal adds $1,194/yr, and 5% annual appreciation supports $51,112 over five years. Five-year ROI reaches 108.5% and total cumulative return in cash sums $66,543. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,439/mo property income instead of your personal income.
Condo
Built in 1972
N/A lot
$N/A/sqft
$275 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27606, Raleigh, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 23,087 (100%) |
| Owner Occupied HU | 7,122 (30.8%) |
| Renter Occupied HU | 14,521 (62.9%) |
| Vacant Housing Units | 1,444 ( 6.3%) |
| Median Home Value | $494,047 |
| Average Home Value | $578,737 |
Housing Distribution
Address Breakdown
Residential
21,847
Single Family
13,869
Multi-Family
7,978
Businesses
895
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Listed by: Lili Ball • Allen Tate/Raleigh-Glenwood
Mls Name: Doorify MLS
Mls Provider:
Mls ID: #10132166
Disclaimer: The MLS listing information displayed is deemed reliable, but is not guaranteed accurate by the MLS. Copyright 2025 Doorify MLS of North Carolina. All rights reserved.