1563 Laureldale DrRaleighNC27609
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 1563 Laureldale Dr, Raleigh, NC, 27609 earns $487/mo cash flow from $2,639/mo rent with a $1,728/mo payment. Total monthly income totals $2,639/mo, and annual cash flow totals $5,849/yr on $117,020 capital. ROI tracks 24.91% on current figures, and rental yield reads 8.97% at a $353,000 purchase. Equity gained on principal adds $2,278/yr, and 5% annual appreciation supports $97,527 over five years. Five-year ROI reaches 129.53% and total cumulative return in cash sums $151,580. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,639/mo property income instead of your personal income.
Townhouse
Built in 1983
2,178 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27609, Raleigh, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,512 (100%) |
| Owner Occupied HU | 8,252 (40.2%) |
| Renter Occupied HU | 10,501 (51.2%) |
| Vacant Housing Units | 1,759 ( 8.6%) |
| Median Home Value | $533,480 |
| Average Home Value | $626,808 |
Housing Distribution
Address Breakdown
Residential
19,413
Single Family
12,136
Multi-Family
7,277
Businesses
2,137
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Stephanie B Mann • eXp Realty, LLC - C
Mls Name: Doorify MLS
Mls ID: #10108508