1209 Ravens Point CirRaleighNC27614
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Total monthly income runs $4,771/mo, and a $5,506/mo payment. Purchase price stands at $1,125,000, and rental yield measures 5.09% with $4,771/mo rent. Return on cash invested shows 13.51% in year one, and 5% annual appreciation builds toward $310,817 over five years. Five-year ROI reaches 68.28% and total cumulative return in cash records $248,864. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,771/mo property income covering a $5,506/mo payment rather than investor’s personal income.
Single Family
Built in 2002
1.23 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27614, Raleigh, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,661 (100%) |
| Owner Occupied HU | 10,125 (69.1%) |
| Renter Occupied HU | 3,739 (25.5%) |
| Vacant Housing Units | 797 ( 5.4%) |
| Median Home Value | $616,769 |
| Average Home Value | $701,271 |
Housing Distribution
Address Breakdown
Residential
14,411
Single Family
11,166
Multi-Family
3,245
Businesses
450
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Garrett Caldwell • Real Broker, LLC - Carolina Collective Realty
Mls Name: Doorify MLS
Mls ID: #10105463