1305 Glen Eden DrRaleighNC27612
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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
Rental property for sale in Raleigh at 1305 Glen Eden Dr, Raleigh, NC, 27612 priced at $1,395,000 pairs $4,685/mo rent with after a $6,828/mo payment. Total monthly income equals $4,685/mo. Return on cash invested is 10.24% in year one, and rental yield stands at 4.03% on a $1,395,000 basis. Equity gained on principal adds $9,002/yr, and 5% annual appreciation accumulates to $385,413 by year five. Five-year ROI measures 50.74% and total cumulative return in cash reaches $229,330. For financing, Ziffy Mortgage’s DSCR program evaluates $4,685/mo property income against a $6,828/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1969
0.42 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27612, Raleigh, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,064 (100%) |
| Owner Occupied HU | 9,872 (44.7%) |
| Renter Occupied HU | 10,725 (48.6%) |
| Vacant Housing Units | 1,467 ( 6.6%) |
| Median Home Value | $629,577 |
| Average Home Value | $689,960 |
Housing Distribution
Address Breakdown
Residential
21,208
Single Family
11,826
Multi-Family
9,382
Businesses
1,398
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Listed by: Marti Hampton • EXP Realty LLC
Mls Name: Doorify MLS
Mls ID: #10130898