1704 Center RdRaleighNC27608
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe yield at 1704 Center Rd, Raleigh, NC, 27608 in Raleigh speaks for itself: 13.72% gross on a $455,000 price, generating $5,203/mo in rent and $2,430/mo in net income after the $2,046/mo debt service. DSCR 2.54, a wide margin that supports Ziffy Mortgage's DSCR loan without any personal income check. Annual cash flow of $29,162 stacks alongside $125,708 in projected five-year appreciation and $4,191/yr in principal reduction. Projected total cumulative return: $328,714.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 13.7% | 5.8% |
| Monthly Cash Flow | $2,430 | $1,850 |
City averages based on Raleigh market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $5,203 |
| Total Monthly Debt Service | $2,592 |
| DSCR Ratio | 2.01x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1949
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27608, Raleigh, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,950 (100%) |
| Owner Occupied HU | 3,873 (65.1%) |
| Renter Occupied HU | 1,716 (28.8%) |
| Vacant Housing Units | 361 ( 6.1%) |
| Median Home Value | $902,954 |
| Average Home Value | $979,755 |
Housing Distribution
Address Breakdown
Residential
5,483
Single Family
5,005
Multi-Family
478
Businesses
319
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
Single Family
Built in 1949
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27608, Raleigh, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,950 (100%) |
| Owner Occupied HU | 3,873 (65.1%) |
| Renter Occupied HU | 1,716 (28.8%) |
| Vacant Housing Units | 361 ( 6.1%) |
| Median Home Value | $902,954 |
| Average Home Value | $979,755 |
Housing Distribution
Address Breakdown
Residential
5,483
Single Family
5,005
Multi-Family
478
Businesses
319
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A