1930 Alexander RdRaleighNC27608
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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 1930 Alexander Rd, Raleigh, NC, 27608 with 5% annual appreciation on a $535,000 basis while $4,211/mo rent supports operations. Total monthly income totals $4,211/mo and a $2,619/mo payment preserves $950/mo for cash returns. Annual cash flow comes to $11,400/yr on $176,015 deployed, and return on cash invested reaches 26.54% in year one. Equity gained on principal adds $3,452/yr, and five-year appreciation sums $147,811 alongside rental yield of 9.45%. Five-year ROI measures 138.22% and total cumulative return in cash totals $243,280.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $4,211/mo property income versus a $2,619/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1930
7,840 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
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Nearby investment properties with comparable prices
Listed by: Ellen Nightingale • Berkshire Hathaway HomeService
Mls Name: Doorify MLS
Mls Provider:
Mls ID: #10048862
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