1319 Legend RdRaleighNC27603
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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
Total monthly income runs $2,832/mo, and a $2,398/mo payment. Purchase price stands at $490,000, and rental yield measures 6.94% with $2,832/mo rent. Return on cash invested shows 18.77% in year one, and 5% annual appreciation builds toward $135,378 over five years. Five-year ROI reaches 96.61% and total cumulative return in cash records $156,924. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,832/mo property income covering a $2,398/mo payment rather than investor’s personal income.
Single Family
Built in 1960
2.02 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27603, Raleigh, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 27,862 (100%) |
| Owner Occupied HU | 14,518 (52.1%) |
| Renter Occupied HU | 11,290 (40.5%) |
| Vacant Housing Units | 2,054 ( 7.4%) |
| Median Home Value | $434,377 |
| Average Home Value | $484,278 |
Housing Distribution
Address Breakdown
Residential
24,605
Single Family
17,831
Multi-Family
6,774
Businesses
1,965
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Listed by: Diana Campos • NorthGroup Real Estate, Inc.
Mls Name: Doorify MLS
Mls Provider:
Mls ID: #10107505
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.