1300 Park Glen Dr APT 103RaleighNC27610
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
Investment property for sale in Raleigh at 1300 Park Glen Dr APT 103, Raleigh, NC, 27610 earns $452/mo cash flow from $1,474/mo rent with a $612/mo payment. Total monthly income totals $1,474/mo, and annual cash flow totals $5,424/yr on $41,438 capital. ROI tracks 33% on current figures, and rental yield reads 14.15% at a $125,000 purchase. Equity gained on principal adds $807/yr, and 5% annual appreciation supports $34,535 over five years. Five-year ROI reaches 175.62% and total cumulative return in cash sums $72,773. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,474/mo property income instead of your personal income.
Condo
Built in 1986
N/A lot
$N/A/sqft
$260 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27610, Raleigh, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 30,468 (100%) |
| Owner Occupied HU | 17,254 (56.6%) |
| Renter Occupied HU | 11,637 (38.2%) |
| Vacant Housing Units | 1,577 ( 5.2%) |
| Median Home Value | $312,788 |
| Average Home Value | $354,970 |
Housing Distribution
Address Breakdown
Residential
29,432
Single Family
25,146
Multi-Family
4,286
Businesses
1,252
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Nearby investment properties with comparable prices
Listed by: Cameron Carroll • Hudson Residential Brokerage
Mls Name: Doorify MLS
Mls Provider:
Mls ID: #10042800
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