1721 Tiffany Bay Ct UNIT 301RaleighNC27609
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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 1721 Tiffany Bay Ct UNIT 301, Raleigh, NC, 27609 uses $72,930 cash to close to unlock $2,882/yr annual cash flow and $240/mo monthly cash flow. Total monthly income runs $1,873/mo, and a $1,077/mo payment keeps the spread at $240/mo. Purchase price stands at $220,000, and rental yield measures 10.22% with $1,873/mo rent. Return on cash invested shows 23.86% in year one, and 5% annual appreciation builds toward $60,782 over five years. Five-year ROI reaches 125.71% and total cumulative return in cash records $91,679. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,873/mo property income covering a $1,077/mo payment rather than investor’s personal income.
Condo
Built in 1999
N/A lot
$N/A/sqft
$275 monthly 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
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Listed by: Matthew Polinchak • Live Raleigh LLC
Mls Name: Doorify MLS
Mls Provider:
Mls ID: #10122162
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.