1738 Quail Ridge RdRaleighNC27609
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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 1738 Quail Ridge Rd, Raleigh, NC, 27609 uses $80,223 cash to close to unlock $6,931/yr annual cash flow and $578/mo monthly cash flow. Total monthly income runs $2,052/mo, and a $1,184/mo payment keeps the spread at $578/mo. Purchase price stands at $242,000, and rental yield measures 10.18% with $2,052/mo rent. Return on cash invested shows 28.55% in year one, and 5% annual appreciation builds toward $66,860 over five years. Five-year ROI reaches 149.07% and total cumulative return in cash records $119,586. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,052/mo property income covering a $1,184/mo payment rather than investor’s personal income.
Townhouse
Built in 1973
1,306 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
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Listed by: Gabriella Elise Encinas • EXP Realty LLC
Mls Name: Doorify MLS
Mls ID: #10113041