1330 Park Glen Dr APT 104RaleighNC27610
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
Rental property for sale in Raleigh at 1330 Park Glen Dr APT 104, Raleigh, NC, 27610 generates $1,530/mo in rent and, after a $808/mo payment, leaves $264/mo in cash flow. Total monthly income is $1,530/mo, and annual cash flow is $3,168/yr on $54,698 invested. Return on cash invested sits at 25.7% in year one, and rental yield is 11.13% on a $165,000 entry. Equity gained on principal adds $1,065/yr, while 5% annual appreciation builds toward $45,586 over five years. Five-year ROI reaches 135.84% and total cumulative return in cash sums $74,303. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,530/mo property income rather than buyer’s personal income.
Condo
Built in 1985
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: Tinna Whitaker Bellamy • Bellamy Investment Group Prope
Mls Name: Doorify MLS
Mls Provider:
Mls ID: #10042793
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