1410 Joe Louis AveRaleighNC27610
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 1410 Joe Louis Ave, Raleigh, NC, 27610 offers $2,763/mo rent that, after a $2,472/mo payment. Total monthly income is $2,763/mo. Return on cash invested measures 17.79% in year one, and rental yield stands at 6.57% at a $505,000 entry. Equity gained on principal adds $3,259/yr while 5% annual appreciation compounds into $139,522 by year five. Five-year ROI records 91.29% and total cumulative return in cash reaches $151,674. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,763/mo property income versus a $2,472/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2024
3,484 sqft lot
$N/A/sqft
No 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Isabel Moss • EXP Realty LLC
Mls Name: Doorify MLS
Mls Provider:
Mls ID: #10102913
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.