1404 Kings Lassiter WayRaleighNC27614
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 1404 Kings Lassiter Way, Raleigh, NC, 27614 offers a 5.94% rental yield on a $592,000 purchase with $2,931/mo rent. 68% in year one. Equity gained on principal adds $3,820/yr while 5% annual appreciation supports $163,559 over five years. Portfolio math shows five-year ROI at 80.11% and total cumulative return in cash at $156,020. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,931/mo property income against a $2,898/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2002
9,583 sqft lot
$N/A/sqft
$395 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27614, Raleigh, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,661 (100%) |
| Owner Occupied HU | 10,125 (69.1%) |
| Renter Occupied HU | 3,739 (25.5%) |
| Vacant Housing Units | 797 ( 5.4%) |
| Median Home Value | $616,769 |
| Average Home Value | $701,271 |
Housing Distribution
Address Breakdown
Residential
14,411
Single Family
11,166
Multi-Family
3,245
Businesses
450
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Liza Seymour • Compass -- Raleigh
Mls Name: Doorify MLS
Mls Provider:
Mls ID: #10096646
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.