2013 Turtle Point DrRaleighNC27604
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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 2013 Turtle Point Dr, Raleigh, NC, 27604 at $234,000 posts ROI 29.35% with $610/mo cash flow from $2,044/mo rent. Total monthly income equals $2,044/mo, and annual cash flow records $7,325/yr on $77,571 to close. Return on cash invested measures 29.35% and rental yield reads 10.48% at the current $234,000. Equity gained on principal adds $1,510/yr, and 5% annual appreciation supports $64,650 by year five. Five-year ROI prints 153.45% and total cumulative return in cash totals $119,031.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,044/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Townhouse
Built in 1996
2,613 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27604, Raleigh, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,536 (100%) |
| Owner Occupied HU | 10,043 (46.6%) |
| Renter Occupied HU | 10,329 (48.0%) |
| Vacant Housing Units | 1,164 ( 5.4%) |
| Median Home Value | $340,004 |
| Average Home Value | $401,875 |
Housing Distribution
Address Breakdown
Residential
20,430
Single Family
16,920
Multi-Family
3,510
Businesses
1,579
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Listed by: Stirling West • Mark Spain Real Estate
Mls Name: Doorify MLS
Mls Provider:
Mls ID: #10083966
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.