1228 Teakwood PlRaleighNC27606
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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 1228 Teakwood Pl, Raleigh, NC, 27606 earns $191/mo cash flow from $1,288/mo rent with a $881/mo payment. Total monthly income totals $1,288/mo, and annual cash flow totals $2,292/yr on $59,670 capital. ROI tracks 23.75% on current figures, and rental yield reads 8.59% at a $180,000 purchase. Equity gained on principal adds $1,162/yr, and 5% annual appreciation supports $49,731 over five years. Five-year ROI reaches 123.31% and total cumulative return in cash sums $73,577. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,288/mo property income instead of your personal income.
Townhouse
Built in 1972
N/A lot
$N/A/sqft
No 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: Devon Broughton • Broughton Agency, Inc.
Mls Name: Doorify MLS
Mls ID: #10137429